Dish TV shareholders reject 4 resolutions at AGM, board strength down to 2

Adoption of FY21 and FY22 financial statements and new statutory auditors not accepted at AGM; company says AGM adjourned sine die

Dish TV, a direct-to-home (DTH) player, which is part of the Essel Group, rejected four of the six resolutions at the company's annual general meeting held on Monday. This comes amid the ongoing dispute between Yes Bank, the largest shareholder in the company, and the promoters of Dish TV over the reconstitution of the firm's board.

The board strength is now down to two members, Dish TV said in a filing to the stock exchanges on Monday, adding that the AGM had been adjourned sine die. Among the resolutions that were not approved by shareholders included the adoption of FY21 and