SEBI asked Dish TV for non-disclosure of voting results of AGM

SEBI has asked Dish TV for non-disclosure of voting results of its annual general meeting, which was held on December 30, 2021. The market regulator said in a company letter that the company has failed to comply with the provisions of regulation 44(3) of SEBI. Dish TV has said in its stock filing, that the very issue of declaration of results of the AGM conducted is in fact sub-judice before the High Court, which has taken cognizance of that matter and will hear the arguments of the parties shortly and will issue its decision. SEBI further said that this action of the company ultimately affects the shareholders and the investors with the lack of information in the public domain. The company is once again called upon to disclose the voting results of the AGM held on December 30, 2021, as it has already been delayed by 37 days.The non-compliance of the company with Regulation 44(3) of the SEBI LODR has been seriously viewed by SEBI and it is informed that the continuing non-compliance shall result in the initiation of appropriate enforcement action against the company.