Dish TV has received approval from board for raising up to Rs 1,000 crore through a rights issue in one or more tranches. The board of directors at its meeting held on June 21, 2021 has approved the same. Funds would be raised through issuance of fully paid-up equity shares at Rs 10 apiece, including premium of Rs 9 per fully paid-up equity share, to eligible shareholders of the company.
Dish TV is India's largest Direct to Home television operator using MPEG 4 DVB S2 and MPEG 2 digital compression technology.
