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Corporate - Announcements
Dish TV can borrow more

New Delhi, May 29

Dish TV India, Essel Group DTH business has informed Bombay Stock Exchange that the members at the extraordinary general meeting of the company held on May 29, has among other things, approved to increase the authorised share capital of the company from Rs 73 crore to Rs 100 crore. It has also approved the increase of the limits of the borrowing by the company from Rs 1,000 crore to Rs 2,000 crore. The board of directors last month had already approved the issue of shares on rights basis to the shareholders of the company, up to Rs 1,200 crore. —

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