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YES Bank gets tough on DISH TV promoters, calls EGM to replace firm’s board



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Taking a tough stand against Dish TV promoters, the company’s lender YES Bank has called an extraordinary general meeting of shareholders to remove the entire board of directors led by Jawahar Goel and replace it with its own nominees.

In a communication to the company’s board of directors today, YES Bank said instead of placing its resolutions in the annual general meeting to be held on September 27th, the company has postponed the AGM thus delaying the entire process. Hence, the bank asked Dish TV to call an EGM to induct its seven nominees on the board and remove …

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