In its Extraordinary General Meeting held on 3rd March, the shareholders of Dish TV have rejected the appointment of Board's proposed names as Independent Directors. The Board had proposed the names of Sunil Gupta, Gaurav Gupta, Madan Mohanlal Varma & Lalit Behari Singhal for board position as Independent Directors. The company has informed the same to the stock exchange. In a voting conducted through video conferencing, 75 percent shareholders voted against their appointment.
As per the exchange filing, the Board shall take necessary steps for complying with the requirement of the Companies Act, 2013, and SEBI Listing Regulations in respect of the number of the Directors on the Board.
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