Circ re. (Outcome of Board Meeting)

June 21, 2021

London Stock Exchange plc.

10 Paternoster Square

London

EC4M 7LS

Dear Sir,

Re.:   Outcome of the Board Meeting held on June 21, 2021

This is in continuation to our earlier intimation dated February 17, 2021, wherein it was informed that the Board, at its meeting held on February 17, 2021, considered various options for fund raising and granted in principal approval to, subject to such corporate, regulatory and Board approval(s), as may be required under applicable rules, regulations and laws, explore and initiate the process of fund-raising through permissible modes and issue of permissible securities, for an amount upto Rs. 1,000 crores, in one or more tranches ('Issue'), in accordance with applicable laws.

Pursuant to the applicable regulations, this is to inform you, that the Board of Directors of the Company at their meeting held today, i.e. June 21, 2021 has considered the recommendations of 'Fund Raising Committee' and thereby, subject to receipt of such corporate, regulatory and other approval(s) / consent(s), as may be required under applicable rules, regulations and laws, approved the fund raising of upto Rs. 1000 crores through rights issue of equity shares.

Subject to the above, the Board approved the raising of funds through Rights Issue by issuance of Fully paid-up equity shares of the Company for an amount aggregating upto Rs. 1000 crores (Rupees One Thousand crores) at price of INR 10 (Rupees Ten only) for each fully paid up equity share (including a premium of INR 9 per fully paid up equity share) to eligible equity shareholders of the Company as on the record date (to be finalised and notified subsequently) in accordance with applicable laws, including the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (the "Rights Issue");

Further, the Board authorized the 'Fund Raising Committee' to proceed with Rights Issue forthwith, and inter-alia decide the other terms and conditions of the Rights Issue including setting the record date, appointment of intermediaries as may be required, finalization of the Letter of Offer and other related matters.

The outcome is also available on the website of the Company at the following Link: https://www.dishd2h.com/events-calendar/

You are requested to kindly take the above on record.

Thanking you,

Yours faithfully,

For Dish TV India Limited

Ranjit Singh

Company Secretary and Compliance Officer

Membership No.: A15442