Dish TV promoters’ stake falls to 5.67%

Mumbai: Promoters’ shareholding in the Indian direct-to-home (DTH) service provider Dish TV NSE -0.39 % has fallen to 5.67 per cent and the company disclosed on Tuesday that 24,992,105 shares were invoked and sold by trustees on May 12 in open market on behalf of the lenders to whom the shares were pledged.

The company also said that between December 30, 2020, and January 8, 2021, lenders sold 2.62 crore of promoters’ shares in three separate tranches.