20th Jun 2022 07:00
June 19, 2022
London Stock Exchange plc.
10 Paternoster Square
London
EC4M 7LS
Subject: Update regarding a suit filed by World Crest Advisors LLP against, inter-alia, Catalyst Trusteeship Limited and Yes Bank Limited
Dear Sir/Madam,
This is in continuation of our earlier disclosures including the disclosure dated December 24, 2021, regarding a suit filed by World Crest Advisors LLP ("Plaintiff"), a promoter group entity, against, inter-alia, Catalyst Trusteeship Limited and Yes Bank Limited, before the Hon'ble High Court of Judicature at Bombay ('Suit'). The Company is one of the defendants in the said Suit.
In an interim application filed by the Plaintiff in the Suit, seeking, inter-alia, that pending hearing and final disposal of the Suit, Yes Bank Limited be restrained from voting at the Extra-Ordinary General Meeting ("EGM") of the Company scheduled to be held on June 24, 2022 and that Voting in respect of the shares which are the subject matter of the Suit, be allowed to be done by the Plaintiff. On June 17, 2022, the Hon'ble Bombay High Court has refused the ad-interim prayers of the Plaintiff.
The Company has now been served with an appeal filed by the Plaintiff against the said order before the Division Bench of the Hon'ble Bombay High Court.
This is for your information and records.
Yours truly,
For Dish TV India Limited
Ranjit Singh
Company Secretary & Compliance Officer
Membership No.: A15442
Related Shares:
Dish Tv India