Stocks

Dish TV under rating watch

Our Bureau. | Updated on January 05, 2021

 

Acuite Ratings & Research Limited, a SEBI registered and RBI accredited credit rating agency, has placed the short-term and long- term ratings assigned to Dish TV India to 'under rating watch with developing implication'.

Acuite has placed the rating based on publicly available information regarding the demand notice of ₹4,164.05 crore the from Ministry of Information and Broadcasting for the disputed licence fee and interest to the entity.

Dish TV has already made provisions for this to the tune of ₹3,575.77 crore as on March 31, 2020, which includes interest. Dish TV closed 1.38 per cent lower at ₹12.87 on the BSE.

Published on January 05, 2021

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor

You May Also Like