Dish TV India intimates of listing of GDRs on London Stock Exchange

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Capital Market
Last Updated : Apr 13 2018 | 6:50 PM IST

From 13 April 2018

Dish TV India announced that the company's 277,095,615 number of Global Depository Receipts have been listed and permitted to trade on the Professional Securities Market of the London Stock Exchange from 13 April 2018.

The aforementioned Listing and Trading of GDRs has been done consequent to effectiveness and in terms of the Scheme of Arrangement for Amalgamation of Videocon D2H into and with Dish TV India on 22 March 2018. Pursuant to the Scheme, VDL as on the effective date has amalgamated with the Company and the existing American Depository Shares (the 'Videocon d2h ADSs') have been delisted from NASDAQ and exchanged for Dish TV India's Global Depository Receipts, which have been duly listed and admitted for trading on the Professional Securities Market of the London Stock Exchange.

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First Published: Apr 13 2018 | 6:37 PM IST

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