DTH
Free Dish MPEG-2 slots to be allotted on pro-rata basis in 59th e-auction: Prasar Bharati
Mumbai: Prasar Bharati has invited applications for allotment of vacant MPEG-2 slots of DD Free Dish DTH platform on a pro-rata basis for the period from 1 April 2022 to 31 March 2023. The e-auction process will be tentatively held on 23 March.
The TV channels have been categorised into six buckets namely ‘R1,’ ‘A+,’ ‘A,’ ‘B,’ ‘C,’ and ‘D’ in accordance with the genre/language of the channel. Bucket R1 is reserved for devotional i.e, spiritual Aayush channels with a starting pro-rata reserve price set at Rs 20 crore. A+ is reserved for Hindi GEC channels with a reserve price starting at Rs 15.45 crore. Bucket A is reserved for Hindi movie channels with starting reserve price of Rs 13.05 crore. Bucket B is reserved for Hindi music channels, Hindi sports channels, Bhojpuri GEC channels, Bhojpuri movie channels, and Hindi teleshopping channels with a starting reserve price of Rs 11.10 crore. Bucket C is reserved for Hindi, English and Punjabi news and current affairs channels with a starting reserve price of Rs 10.05 crore. Bucket D is reserved for remaining language/genre channels with a reserve price of Rs 7.05 crore.
Prasar Bharati has said that the e-auction will be bucket-wise starting with the bucket having the highest reserve price i.e, from ‘Bucket R1’, and will progressively go down in the order of reserve price.
The e-auction will be conducted in accordance with policy guidelines for allotment of DD Free Dish slots notified on 15 January 2019 and amended from time to time.
DTH Operator
JC Flowers withdraws NCLT plea against Dish TV over EGM demand
Move eases pressure on DTH firm as long-running shareholder dispute cools
MUMBAI: In a breather for Dish TV India, JC Flowers Asset Reconstruction has withdrawn its petition before the National Company Law Tribunal seeking directions to convene an extraordinary general meeting.
The development was disclosed by Dish TV in a regulatory filing, confirming that the petitioner chose to withdraw the case during a hearing at the Mumbai bench of the tribunal. A detailed order from the bench is still awaited.
The petition, originally filed under Sections 98 to 100 of the Companies Act, 2013, sought to push for an extraordinary general meeting to address governance issues at the company. The case had its roots in a prolonged shareholder tussle dating back to 2021, when Yes Bank, then the largest shareholder, was at odds with the promoter group led by Subhash Chandra over board reconstitution.
JC Flowers had stepped into the picture as an assignee of Yes Bank’s stressed assets, effectively continuing the legal push initiated earlier. The withdrawal now signals a pause, if not a closure, to that chapter of dispute.
While the reasons behind the withdrawal have not been formally detailed, the move reduces immediate legal pressure on Dish TV, which has been navigating both operational and regulatory challenges in recent years.
For now, the focus shifts back to the company’s business fundamentals, even as the legal dust settles, at least temporarily, on one of its more closely watched shareholder battles.
