DTH
Prasar Bharati invites applications for DD Free Dish MPEG -2 slots
Mumbai: Prasar Bharati has invited applications for allotment of vacant MPRG-2 slots of DD Free Dish for the period 11 July 2023, to 31 March 2024, through the 70th e-auction, to be tentatively held on 4 July 2023.
The e-auction will be conducted in accordance with the online methodology for the allotment of DD Free Dish slots to private TV channels.
The pubcaster has categorised TV channels in different buckets in accordance with the genre/ language of the channel.
The reserve price for the bucket A+ which comprises GEC (Hindi) channels is priced at Rs 17.41 crore. Bucket A, which comprises – movie( Hindi) channels, teleshopping channels (all languages), has a reserve price of Rs 15.27 crore.
Bucket B, which includes Music (Hindi) channels, sports (Hindi) channels and all channels of Bhojpuri language, has a reserve price of Rs 14.66 crore.
Bucket C reserve price is Rs 14.37 crore which includes news and current affairs (Hindi) channels. Bucket D reserve price is Rs 11.58 crore which includes all other remaining genres of Hindi, devotional/ spiritual/ Ayush, all genres of Marathi, Punjabi, and Urdu channels, and news & current affairs (English) channels.
Bucket R1, which includes all channels in the language genre, not covered in any other bucket is priced at Rs 2.20 crore.
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MUMBAI: In a breather for Dish TV India, JC Flowers Asset Reconstruction has withdrawn its petition before the National Company Law Tribunal seeking directions to convene an extraordinary general meeting.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.
