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Yes Bank aquires 24% stake in Dish TV through pledged shares

Shortpedia

Content Team

Yes Bank has acquired 44.53 crore equity shares amounting to 24.19 per cent of Dish TV India's post-issue paid-up share capital as on March 31. The Dish TV shares each had a nominal value of one rupee. "The shares have been acquired on invocation of pledge of shares and this is a one-time transaction," said Yes Bank in regulatory filings at stock exchanges. Dish TV India is a direct-to-home entertainment service provider.