Dish TV India Limited has confirmed the publication of its postal ballot notice in leading newspapers on March 19, 2026, following the electronic dispatch of notices to shareholders on March 18, 2026.

Regulatory Compliance and Public Notice

The company has fulfilled its regulatory obligations under the Ministry of Corporate Affairs (MCA) guidelines by publishing public notices in leading newspapers. The advertisements appeared in two prominent publications to ensure maximum reach among shareholders.

E-Voting Mechanism Implementation

The postal ballot is being conducted exclusively through remote e-voting mechanism, following the applicable guidelines and circulars issued by the Ministry of Corporate Affairs. This digital approach ensures broader participation while maintaining transparency in the voting process.

The public notice specifically addresses shareholders who have not registered their email addresses with the company, providing them with detailed instructions on how to register and participate in the remote e-voting process. This initiative demonstrates the company's commitment to inclusive shareholder participation.

Communication Framework

The notice outlines the manner in which persons who have not registered their email addresses with the company can get the same registered, along with other requirements specified in the MCA circulars. This comprehensive approach ensures that all eligible shareholders can exercise their voting rights effectively.

The postal ballot notice has been dispatched electronically to all members whose email addresses are registered with the Company, Registrar and Transfer Agents (MUFG Intime India Private Limited), or the Depositories.

Corporate Secretary Confirmation

Ranjit Singh, Company Secretary & Compliance Officer (Membership No.: A15442), has signed the disclosure document, confirming the company's adherence to regulatory requirements under Regulation 30 of SEBI (Listing Obligations and Disclosure Regulations), 2015.

The company has requested both stock exchanges to take the information on record, maintaining transparency with all stakeholders regarding this important corporate governance process. The communication was sent to both National Stock Exchange of India Limited and BSE Limited on March 19, 2026.

Dish TV India Limited has informed stock exchanges about a significant legal development involving a Civil Appeal Petition filed by the Additional Director General (Adjudication), Directorate of Revenue Intelligence (DRI) before the Supreme Court of India on March 18, 2026.

Background of the Tax Dispute

The current legal proceedings stem from a longstanding tax dispute that began with DRI's order dated April 28, 2020. In this original order, DRI had confirmed a substantial demand against the company involving differential duty and associated penalties.

CESTAT Ruling and Company Victory

Following DRI's original order, Dish TV India filed an appeal before the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) in Delhi, challenging the demand. The company achieved a significant victory when CESTAT ruled in its favor on September 23, 2025, allowing the company's appeal and setting aside the impugned order entirely.

Supreme Court Appeal Filing

Despite the favorable CESTAT ruling, DRI has now escalated the matter to the highest judicial authority in the country. The company was informed on March 18, 2026, at 12:22 PM about the filing of the Civil Appeal Petition before the Supreme Court of India.

Financial Implications

According to the company's disclosure, the financial impact of this litigation will be limited to the extent of the final order under the proceedings. The quantum of claims remains as detailed in the original dispute, involving the Rs. 56.47 crore differential duty demand along with applicable interest and equivalent penalty.

Regulatory Compliance

The disclosure has been made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in accordance with the company's Policy for determining Material Events. The information was communicated to both NSE and BSE through proper regulatory channels, with Company Secretary & Compliance Officer Ranjit Singh signing the disclosure documents.