Dish TV India Limited has informed the Exchange regarding 'Dish TV India Limited has informed the Exchange regarding appointment of Mr. Ashok Anant Paranjpe w.e.f. May 13, 2026'.
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Dish TV India Limited announced that the appointment of Mr. Ashok Anant Paranjpe as a Non-Executive Independent Director has become effective from May 13, 2026. The appointment was originally approved by shareholders on April 17, 2026, but was contingent upon receiving regulatory approvals from the Ministry of Information and Broadcasting (received May 12, 2026) and Ministry of Home Affairs (received May 13, 2026). Mr. Paranjpe has been appointed for a term of 5 years (May 13, 2026 to May 12, 2031) and his office will not be liable to retire by rotation. He is a senior legal professional formerly associated with Wadia Ghandy & Company and currently Managing Partner at MDP Associates, with expertise in Real Estate, Banking and Finance, and Dispute Resolution.
The appointment strengthens the Board's expertise in legal, banking and finance matters. As an Independent Director not liable to retire by rotation, this appointment adds stability to the Board's composition. The stock is likely to see neutral to slightly positive reaction given the governance-positive nature of independent director appointments.