Intimation of imposition of fine by BSE Limited and National Stock Exchange of India Limited ( Stock Exchanges )
DISHTV · price
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Dish TV India has been fined by both BSE and NSE for not meeting SEBI Listing Regulations regarding board composition (Regulation 17(1)) and the Nomination and Remuneration Committee (Regulation 19(1)/(2)) for the quarter ended June 30, 2025. Each exchange levied a fine of Rs. 4,55,000 for board composition and Rs. 1,14,000 for the NRC issue, taking the total to about Rs. 11.38 lakh. The company says the shortfall happened because shareholders did not approve the appointment of certain directors, which was beyond the board's control. The company will pay the fines within 15 days and inform its promoters about the non-compliance.
The fine is small and not material to Dish TV's finances or operations. However, it highlights ongoing governance issues with board composition, which may concern investors watching corporate governance standards at the company.