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Update: Dish TV gets SEBI nod, expects merger with Videocon d2h to complete by Oct
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Dish TV, India’s leading direct-to-home (DTH) company by subscribers, has got the approval of capital markets regulator SEBI for the proposed merger with Videocon d2h and is awaiting clearance from the Competition Commission of India (CCI).

“We have got SEBI’s approval for the proposed merger. We are yet to get the approval from CCI,” Dish TV CMD Jawahar Goel told TelevisionPost.com.

Dish TV expects the merger to complete by October this year. Besides CCI, Dish TV will also have to receive approvals from National Company Law Tribunal and stock exchanges. Applications were filed during the quarter ended 31 December 2016 with the CCI and the stock exchanges for obtaining their approvals.

The merged entity, to be named Dish TV Videocon, will create the largest DTH company in India.

Dish TV gets SEBI nod, expects merger with Videocon d2h to complete by Oct | TelevisionPost.com
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