Circ re. (Update on disinvestment in subsidiary)

April 05, 2022

London Stock Exchange plc.

10 Paternoster Square

London

EC4M 7LS

Sub: Update on divestment of Company's investment in Subsidiary

Dear Sir/Madam,

We wish to inform you that the Company vide its disclosure dated January 29, 2021, had informed that the Board of Directors of the Company at their meeting held on January 29, 2021, had approved the divestment of Company's entire equity investment in Dish T V Lanka (Private) Limited, a Subsidiary of the Company, subject to fulfillment of conditions of Share Sale agreement and requisite regulatory approvals.

In regard to the above, we wish to update that through the Authorised Dealer (AD) Bank's communication dated April 5, 2022, the Company has been informed that the Reserve Bank of India vide its communication dated April 4, 2022, had approved the said divestment, subject to the fulfillment of conditions mentioned therein. The Company shall initiate the process to fulfill the said conditions and shall intimate the Stock Exchange(s), upon completion of divestment.

You are requested to kindly take the above on record.

Thanking you,

Yours faithfully,

For Dish TV India Limited

Ranjit Singh

Company Secretary and Compliance Officer

Membership No.: A15442