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Fees reduction for cancellations of GDR

26th Sep 2018 10:08

RNS Number : 9977B
Dish TV India Limited
26 September 2018
 

 

 

Intimation regarding GDRs of Dish TV India Limited

 

 

 

 

Noida, India; September 26, 2018 - Dish TV India Limited (LSE:DTVL, BSE: 532839, NSE: DISHTV) is pleased to inform that giving utmost importance to the feedback of its GDR holders the Company has agreed with its depositary, Deutsche Bank Trust Americas, to discount the cancellation fee of U.S. $ 0.05, per GDR, payable upon cancellation of GDRs in order to withdraw deposited property by U.S. $ 0.0325 per GDR.

 

This amendment reduces the fee for cancellations to U.S $ 0.0175, per GDR, with immediate effect.

 

 

 

 

 

 

 

About Dish TV India Limited:

 

Dish TV India Limited is India's largest direct-to-home (DTH) Company with a subscriber base of more than 23 million. It owns multiple individual brands like Dish TV, Zing and d2h under its umbrella. The company benefits from multiple satellite platforms including NSS-6, SES-8, GSAT-15 and ST-2 and has a bandwidth capacity of 1350 MHz, the largest held by any DTH player in the country. Dish TV India Limited has on its platform more than 655 channels & services including 40 audio channels and 70 HD channels & services. The Company has a vast distribution network of over 4,000 distributors & around 400,000 dealers that span across 9,450 towns in the country. Dish TV India Limited is connected with its pan-India customer base through call-centres that are spread across 22 cities and are equipped to handle customer queries 24X7 in 12 different languages. For more information on the Company, please visit www.dishtv.in

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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