Dish TV Announcement dated April 1, 2021

RNS Announcement

RNS Number : 3496U

Dish TV India Limited

01 April 2021

April 1, 2021

London Stock Exchange plc.

10 Paternoster Square

London

EC4M 7LS

Subject

In Principle Approval of the Ministry of Information and Broadcasting for grant of provisional license for providing Direct-To-Home (DTH) broadcasting service in India

Dear Sir/Madam,

We wish to inform you that the Company has received in principle approval of the Ministry of Information and Broadcasting for grant of provisional license for providing Direct-To-Home (DTH) broadcasting service in India with effect from April 1, 2021.

The details as required is as under:-

S. No.	Particulars	Details
1	Name of the regulatory or licensing authority	Ministry of Information and Broadcasting ('MIB'), Government of India
2	Brief details of the approval/license obtained/ withdrawn/ surrendered	The In-Principle approval of the Ministry of Information and Broadcasting for grant of provisional license with effect from April 1, 2021 is inter-alia on the following term and conditions: ü Company shall enter into an Agreement with MIB, Government of India, containing terms and conditions of the 'Guidelines for obtaining license for providing Direct to Home (DTH) Broadcasting services in India', as amended upto 30.12.2020. ü Company shall obtain and provide to MIB the other necessary clearances as envisaged under the DTH guidelines. ü Company shall provide the Bank Guarantee in terms of the DTH Guidelines.
3	Impact/relevance of such approval/license to the listed entity	The DTH operation of the Company will be governed under the new DTH Guidelines.
4	Withdrawal/cancellation or suspension of licence/approval by the regulatory or licensing authority, with reasons for such action, estimated impact (monetary or otherwise) on the listed entity and penalty, if any	Not Applicable
5	Period for which such approval/license is/was valid	20 years with effect from April 1, 2021, upon completion of required formalities by the Company
6	Subsequently, the listed entity shall inform the stock exchange(s), the actual impact (monetary or otherwise) along with corrective actions taken by the listed entity pursuant to the withdrawal, cancellation or suspension of the key license/ approval	Not Applicable

This is for your information and records.

Yours truly,

For Dish TV India Limited

Ranjit Singh

Company Secretary & Compliance Officer

Membership No. A15442

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RNS metadata

Title: Dish TV Announcement dated April 1, 2021
Time: 13:09:58
Date: 1 Apr 2021
Category: Miscellaneous
ID: 3496U