Dish TV raises Rs. 200 crore through non-convertible debentures

Direct-to-Home service provider Dish TV on Wednesday said it has raised Rs. 200 crore through non-convertible debentures.

The board of the company, in a meeting held on Wednesday “issued and allotted 200 numbers of Rated, Unlisted, Secured, Redeemable, Non-Convertible Debentures of the face value of Rs. 1 crore each, for cash, aggregating up to Rs. 200 crore only,” Dish TV informed BSE.

Earlier, on September 29 Dish TV had informed that its board had approved “terms and condition upon which the company will issue” non-convertible debentures upto Rs 200 crore“.

It further said that issue had opened on September 30, 2014.