Foreign institutional investors (FIIs) have raised their stake in Dish TV India by 75 basis points to 11.86 percent in Q2FY15 from 11.11 percent as on June 30, 2014. Meanwhile, domestic institutional investors (DIIs) have increased their shareholding in the company by 78 basis points to 3.11 percent at the end of September 2014 from 2.33 percent as on June 30, 2014.
Non Institutions were holding 12.55 percent stake at the end of September 2014 quarter, down 153 basis points from 14.08 percent as on June 30, 2014. Corporate bodies were holding 4.5 percent stake at the end of September 2014 quarter, down 105 basis points from 5.55 percent as on June 30, 2014. Further, promoters’ shareholding was unchanged at 64.5 percent at the end of September 2014.
Dish TV is India’s largest direct-to-home company and part of the biggest media conglomerate - Zee Group. Dish TV has on its platform 400+ channels and services including 21 audio channels with 13.5 million subscribers.
