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Dish TV’s promoter group entities, have offered to acquire additional 26% equity stake from public shareholders, for Rs.3,701 crore.
Dish TV promoter entities World Crest Advisors LLP, Veena Investments Pvt Ltd and Direct Media Distribution Venture Pvt Ltd, have announced an offer to buy shares of Dish TV, at a price of Rs.74 per share.
The offer is made to all the shareholders of Dish TV to buy up to 50.01 crore shares of the company that form 26% of the emerging share capital, payable in cash.
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