Dish TV on Tuesday proposed to appoint Manoj Dobhal as the new CEO of the company as incumbent Anil Dua has decided to quit the direct-to-home company.
Dobhal is the current Chief Operating Officer (COO) of the company.
Dish TV is embroiled in a tussle between its largest shareholder Yes Bank Ltd (YBL) and the promoter family led by its former chairman Jawahar Lal Goel over board representation in the company.
The company is unable to pass its annual statements from the last two years and get approval from shareholders over the appointment of directors, leaving certain positions vacant.
Leading stock exchanges BSE and NSE have fined Rs 10,000 each to the direct-to-home operator Dish TV over non-compliance over the composition of the board, Dish TV said in a regulatory filing.
"BSE Ltd and NSE Ltd had issued communications dated May 22, 2023, to the Company, pertaining to Non-compliance with the requirements pertaining to the composition of the Board' for the quarter ended March 31
