Dish TV to take further steps for merger with Videocon

Dish TV India was taking a decision to merge with Videocon d2h, the approval process is following up under Ministry of Information and Broadcasting.

The organization will make additional positive outcomes for affecting on merger policies and in like method and the organizations associated with the plan will be documenting the required intimations or E-Forms with the registrar of the companies, and the corporate issues services and other administrative discussions are to be freeze approximately by December 27, which will be an effective date for the Scheme as Dish TV India said in an administrative recording.

The Ministry of Information and Broadcasting appeared its corresponding dated on December 15, 2017, had agreed on the essential agreement for the Scheme of structure for the combination of Videocon D2H Limited into with Dish TV India Limited.

This clears the path for the production of the biggest recorded media organization in India, speculating over the last revealed income and EBITDA (Earnings before Interest, Taxes, Depreciation, and Amortization) measures the two DTH players on the act of proposition as Dish TV India had said before.

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