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Dish TV India shine on plan to acquire entire share capital of Xingmedia Distribution

Dish TV India Ltd. | TV Broadcasting & Software Production | Media | BSE: 532839 | NSE: DISHTV

17 Feb 2014 Evaluate

Dish TV India is currently trading at Rs. 45.80, up by 0.05 points or 0.11% from its previous closing of Rs. 45.75 on the BSE.

The scrip opened at Rs. 45.60 and has touched a high and low of Rs. 46.00 and Rs. 45.60 respectively. So far 12223 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 72.10 on 20-Feb-2013 and a 52 week low of Rs. 39.75 on 04-Sep-2013.

Last one week high and low of the scrip stood at Rs. 48.15 and Rs. 45.15 respectively. The current market cap of the company is Rs. 4882.82 crore.

The promoters holding in the company stood at 64.50% while Institutions and Non-Institutions held 16.77% and 10.75% respectively.

Dish TV India has received an approval for making an initial investment of up to Rs 1 lakh only, under the Companies Act, 1956 and the notified provisions of the Companies Act 2013, for acquiring/investing through purchase / transfer, the entire share capital of Xingmedia Distribution over and above the limits prescribed. The board of directors at its meeting held on February 14, 2014 has approved for the same.

The board also approved making loans/investments or giving guarantee or providing any security for an additional amount of Rs 30 crore only, the aggregate amount of loans / investments / guarantees not exceeding Rs 100 crore only, in Dish T V Lanka, over and above the limits prescribed.

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.

Dish TV India Share Price

4.08 0.37 (9.97%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Zee Entertainment	81.06
Sun TV Network	641.25
GTPL Hathway	69.83
Network 18 Media Inv	36.38
TV Today Network	114.27
View more..

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Dish TV India shine on plan to acquire entire share capital of Xingmedia Distribution

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