Mumbai: Dish TV India Ltd. has categorically denied having any financial transactions with Nityank Infra and reiterated that the Company has no connection with any alleged transaction(s) contained in the article published in the Media report on 24th January 2019.
The statement issued by Dish TV said, “In response to communication received by the Company in July 2018 from SFIO, seeking information relating to Nityank Infra power and Multiventures Ltd (‘ Nityank’), while providing requisite information / replies including relating to Scheme of Arrangement for Amalgamation of Videocon D2h Limited with and into Dish TV India Ltd, the Company had categorically denied having had any transaction with Nityank and also confirmed that Nityank is an independent entity and does not belong to Essel Group. Further, there was no reference to demonetisation in the query raised by SFIO”
“Other Essel Group entities, from whom certain information / documents were sought by SFIO, had provided those information / documents and subsequently no further information has been sought. Hence to our understanding, the matter stands closed for the Company and Essel Group entities. Media reports alleging involvement of Essel Group entities is being done only with malicious intent and legal action as advised and appropriate are being initiated by Essel Group in this regard” added the statement.
