Image Source: Dish Tv Stock photos by Vecteezy
Mumbai – Dish TV India Limited has been penalised by both the National Stock Exchange of India Limited (NSE) and BSE Limited for failing to comply with certain Listing Regulations.
The stock exchanges issued communications on August 29, 2025, detailing fines under SEBI’s SOP Circular.
The fines relate to non-compliance with Regulations 17(1) and 19(1)/(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
These regulations pertain to the composition of the Board and the Nomination and Remuneration Committee. The violations were specifically for the quarter that ended on June 30, 2025.
Details of the Penalties:
- National Stock Exchange of India Limited imposed a fine of Rs. 4,55,000 for non-compliance with Regulation 17(1) and Rs. 1,14,000 for Regulation 19(1)/(2).
- BSE Limited levied identical fines: Rs. 4,55,000 for Regulation 17(1) and Rs. 1,14,000 for Regulation 19(1)/(2).
Dish TV stated that the non-compliance, which led to a reduction in its Board strength, was due to shareholders not approving the appointment of directors. The company considers this issue to be “beyond the control of the Board or the Company”.
Despite the circumstances, Dish TV has confirmed it will pay the levied fines. The company also noted that there would be “no impact on financial, operation or other activities” beyond the monetary penalty itself.
The stock exchanges have also directed Dish TV to inform its Promoters about the non-compliance. Furthermore, the company must present the communication to its Board at the next meeting and inform the exchanges of any Board comments.
Dish TV has been advised to ensure future compliance and pay the fines, including GST, within 15 days of the stock exchange communication.
Dish TV’s Regulatory Fillings:
The official disclosure was signed by Ranjit Singh, the Company Secretary & Compliance Officer for Dish TV India Limited. This signing underscores the formal commitment to regulatory transparency.
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