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By EquityPandit

NCLT has approved Dish TV-Videocon D2h merger

July 28, 2017

The National Company Law Tribunal has provided its approval to the merger of satellite TV service providers Dish TV and Videocon D2h.

Dish TV has said in a regulatory filing that “Dish TV India Limited is glad to announce that the Mumbai Bench of Hon’ble National Company Law Tribunal (NCLT), at a hearing held today has approved the scheme of arrangement amongst Videocon D2h Limited and Dish TV India Limited and their respective shareholders and creditors.”

The merge entity would be having a subscriber base of over 27.2 million, creating the largest DTH service provider in the industry.

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