After Zee Entertainment, Essel Group's Dish TV allays investor fears

In Zee's case, pledged shares account for 24.71 % of the total equity of the company, which is 59.37% of promoter stake

Essel Group company Dish TV on Tuesday said its promoter stake had fallen to 59.1 per cent from 60.83 per cent after pledged shares were invoked on Friday, the day its stock price slipped 33 per cent on reports of a link between the group and a firm being probed by government agencies. 

The company was addressing investors in a conference call before market hours, much like its sister concern Zee Entertainment a day before.

Jawahar Goel, chairman and managing director of Dish TV, said, when addressing investors, the company was in no pressing need to sell stake despite significant