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Dish TV clarifies on report of Airtel being in talks to buy majority stake

Airtel is looking to buy 5.93% stake from Dish TV's promoter group and 25.63% stake owned by Yes Bank Ltd, a news report said

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BS Web TeamReuters New Delhi
Broadcast satellite service provider Dish TV India Ltd on Thursday refuted media reports suggesting telecom operator Bharti Airtel Ltd is in early talks to pick up a majority stake in it. Dish TV said in a regulatory filing that it was not aware of the transaction.

"We - Dish TV India Limited, would like to state that there is no information available with the Company which is required to be reported under extant SEBI Regulation (Regulation 30), which may have bearing on the stock price of the Company. Further, we would also state that the Company is not aware of the