May 25, 2022
London Stock Exchange plc.
10 Paternoster Square
London
EC4M 7LS
Subject: Outcome of Board Meeting of the Company held on May 25, 2022
Dear Sir/Madam,
Pursuant to applicable regulations of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015, including Regulation 30, this is to inform you that the Board of Directors of the Company at the meeting held today, i.e. May 25, 2022 has inter-alia:
a) Upon receipt of requisite approval from the Ministry of Information and Broadcasting and on the recommendation of the Nomination and Remuneration Committee, approved the appointment of Mr. Rajagopal Chakravarthi Venkateish (DIN: 00259537) as Non- Executive Independent Director with effect from May 25, 2022 for a term of 5 consecutive years. The said appointment is subject to the approval of the shareholders of the Company.
The said appointment of Mr. Rajagopal Chakravarthi Venkateish has been done basis inter-alia the confirmation that he is not debarred from holding the office of Director pursuant to any SEBI order or any other such authority; and
b) Approved revised notice convening of the Extra Ordinary General Meeting ('EGM') of the Equity Shareholders of the Company to be held on Friday, June 24, 2022 through Video Conferencing ('VC') / Other Audio Visual Means ('OAVM');
In regard of the above appointment, please find enclosed the details required under Regulation 30 of the Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September, 2015;
The Board meeting commenced at 15:15 Hrs and concluded at 16:00 Hrs.
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
Encl.: As above
Details required under Regulation 30 of the Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September, 2015
| S. No | Particulars | Details |
| 1. | Reason for change viz. appointment, resignation, removal, death or otherwise | Mr. Rajagopal Chakravarthi Venkateish (DIN: 00259537) has been appointed as Non-Executive Independent Director. |
| 2. | Date of appointment/ cessation (as applicable) | May 25, 2022 |
| 3. | Term of appointment | In terms of the Companies Act, 2013 and other applicable provisions, Mr. Rajagopal Chakravarthi Venkateish shall hold for a term of 5 consecutive years commencing from May 25, 2022 to May 24, 2027, subject to the approval of the shareholders of the Company. |
| 4. | Brief Profile (in case of appointment) | Mr. Rajagopal Chakravarthi Venkateish has an impressive track record spanning over more than two decades. Mr. Venkatiesh has done his MBA in Management from IIM - Calcutta and Bachelor of Technology from IIT-Madras. He has served as Country Head of Oral-B, India (1996-2001), Managing Director of Kellogg's, India (2000-2003), Managing Director of ESPN Star Sports (2003-2010), Chief Executive Officer of Dish TV India Limited (2010-2015) and is a Whole Time Director of Lex Sportel Vision since 2017. He has also been on the Board of Directors of the Indian Broadcasting Foundation (IBF). He has varied and strong business background in Media & Entertainment Industry. |
| 5. | Disclosure of relationship between Directors (in case of appointment of a Director) | Mr. Venkateish is not related to any Director on the Board of the Company. |
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