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Dish TV rises 12% after Yes Bank demands to remove its MD, directors
short by Krishna Raj / on Tuesday, 7 September, 2021
Dish TV's shares surged 12.77% to ₹15.54 on the BSE after Yes Bank demanded removal of the company's MD and four directors. The bank had said that the company's board is not acting in line with good corporate governance standards. Yes Bank, which holds 25.63% stake in Dish TV, also opposed the firm's fundraising of ₹1,000 crore through rights issue.
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