SECTIONS ENGLISH ET APPS ET PRIME E-PAPER CLAIM YOUR TIMESPOINTS FOLLOW US SIGN-IN

ET Markets News LATEST NEWS IDBI Bank Q4 results: Posts Rs 135 cr profit on account of bad loan
recoveries

Home Markets Stocks IPOs/FPOs Markets Data Market Moguls Expert Views Technicals Commodities Forex Mobile Apps More

Dons of Dalal Street News Live Blog Recos Candlestick Screener Earnings Stock Screener Podcast Market Classroom Market Calendar Stock Price Quotes

Business News › Markets › Stocks › News › YES Bank acquires 24% in Dish TV by invoking share pledges Search for News, Stock Quotes & NAV's

Benchmarks NSE Gainer-Large Cap NSE Loser-Large Cap FEATURED FUNDS 5Y RETURN Stock Analysis, IPO, Mutual
Funds, Bonds & More
Sensex CLOSED Colgate-Palmo Adani Transmissi… Axis Long Term Equity Direct 6.99 %
Plan-Growth
32,424.10 223.51 1,391.50 93.15 173.90 -8.20 INVEST NOW Market Watch
★★★★★
YES Bank acquires 24% in Dish TV by
invoking share pledges
Value Stocks
The invocation was subsequent to default or breach of terms of credit facilities sanctioned
by the bank. NMDC 81.15 2.79%

Sun TV 384.95 -1.27%

By Gaurav Laghate, ET Bureau | Last Updated: May 30, 2020, 05.58 PM IST Save
Zee Ent. 183.55 1.58%
11
Comments EClerx Services 396.50 -4.87%

Yes-Bank Agencies
After the invocation of shares, Dish TV
promoters will be left with just over
30% stake in the company.
Mumbai: Private sector lender YES Bank NSE -0.56 % has
acquired 24.19% stake in Dish TV NSE -4.49 % , India’s
largest direct-to-home (DTH) company in terms of
Why follow tips? Choose your winners
subscribers, by invocation of 44.53 crore pledged shares.
rationally in 3 simple steps!

As of March 31, Dish TV promoters owned 54.56% stake in the company, out of which START NOW
over 93% was pledged with the lenders. YES Bank, sources say, had the biggest
exposure. After the invocation of shares, Dish TV promoters will be left with just over 30%
stake in the company. Most Read Most Shared

Old style value investing doesn’t work anymore,

In a filing to exchanges, YES Bank said the invocation was subsequent to default or says Damodaran
breach of terms of credit facilities sanctioned by the bank to Essel Business Excellence
D-Street’s top fund manager says write off FY21,
Services, Essel Corporate Resources, Living Entertainment Enterprises, Last Mile Online, double SIPs to bet on rapid growth in FY22
Pan India Network Infravest, RPW Projects, Mumbai WTR and Pan India Infraprojects.
Lockdown status to decide Nifty’s next course; don’t
jump the gun either way
NSE BSE
“The shares have been acquired on
Company Summary First anniversary of Modi 2.0: Investors lose Rs 27L
invocation of pledge of shares and this is a cr in equity wealth, ask is it worth investing
YES Bank Ltd. -0.15 (-0.56%) one-time transaction,” Yes Bank said on
Why did Vodafone Idea shares pare stellar gains?
Friday night.
Dish TV Indi… -0.20 (-4.49%)
More »

For the quarter ended December 31, 2019,

Dish TV had 23.95 million subscribers with operating revenue at Rs 867.8 crore and
operating profit of Rs 505.6 crore. Its net loss for the quarter was at Rs 66.8 crore.
DISCOVER MUTUAL FUNDS
Last year, Dish TV and Airtel were in advanced talks to merge the DTH business of Dish
TV with Bharti Telemedia, Airtel’s DTH arm. However, the two parties could not reach an
agreement. All Mutual Top Tax
Funds Saver Funds

Better Than Low Cost

Fixed High Return
Deposits Funds

Read more on Yes Bank Dish TV Telemedia Sunday ET DTH

(What's moving Sensex & Nifty? Track Latest Market News, stock tips and expert
advice on ETMarkets.)
Trending in Markets
Comments (11) Add Your Comments
IPO Allotment Status Stock Screener Sensex
Stock Market Stock Recommendations IPO
Upcoming IPO Gold Rate Top Gainers
Rupee vs Dollar Share Market Silver Price Nifty 50
Nifty Bank Infosys Share Price Crude Oil Price

Search News, Stock Quotes & NAV

Browse Companies
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z | 1 2 3 4 5 6 7 8 9
 TRENDING NOW POPULAR CATEGORIES

Palm oil price Vodafone Idea share price RIL share price Gold rate today Stocks IPOs/FPOs Markets Data Market Moguls Expert Views Technicals
IndusInd Bank share price Bank holidays in June 2020 Commodities Forex Bonds Stock Game Webinars Sitemap Definitions

Why is crude oil price falling TCS share price SBI share price RCom share price

YES Bank share price RIL share price

HOT ON WEB IN CASE YOU MISSED IT

What are ELSS funds What is a mutual fund Coronavirus LIVE news GST Collection Jet Airways share price Crude Oil Price Tata Motors Share Price

Sensex today Gold rate today Global markets Coronavirus impact on economy Upcoming IPO ICICI Bank Share Price SEBI Best Mutual Funds to Buy

Coronavirus impact Breaking news SBI share price YES Bank share price Sensex NSE BSE Stock Market

SGX Nifty Sensex Live IRCTC share price Infosys share price Rupee

Aadhaar Card

ET VERTICALS MORE FROM OUR NETWORK

Auto News Retail New Health News Telecom News Energy News IT News इकनॉिमक टाइ ઈકોનોિમક ટાઈ સ Pune Mirror Bangalore Mirror

Real Estate News Marketing & Advertising News Technology News CFO News Ahmedabad Mirror ItsMyAscent Education Times Brand Capital

IT Security News Mumbai Mirror Times Now Indiatimes महारा टाइ ಜಯ ಕ ಟಕ

AdAge India Eisamay IGN India IamGujarat Times of India Samayam Tamil

Samayam Telugu Miss Kyra Bombay Times Filmipop MX Player

Newspaper Subscription Times Prime Colombia

OTHER USEFUL LINKS

About Us Subscribe to ET Prime Subscribe to ET Ad-Free

Book your Newspaper Subscription Create Your Own Ad Advertise with Us

Terms of Use & Grievance Redressal Privacy policy Contact Us RSS

FOLLOW US ON DOWNLOAD ET APP

SUBSCRIBE TO BECOME A
OUR NEWSLETTER MEMBER

Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service