Over the past few days, YesBank and DishTV news articles have been in the market’s attention following YesBank’s recent moves towards DishTV. Yes the bank has proposed to appoint a new director of DishTV, including those who are under the SEBI scanner for selective disclosure and had to resolve the issue after paying a huge sum of money.
Currently, YesBank and its agency, Institutional Investor Advisory Services India Limited (IiAS), are terribly intertwined with the questions they raise. Both companies are facing serious questions from the market about the hidden intent and bad motivation behind the steps they took-there are some here:-
-Why did Jesus Bank submit the proposal? Why did IiAS support it?
-Yes Are Bank and IiAS trying to mislead large investors?
-Why are YesBank and IiAS spreading selective facts? –Is IiAS working on behalf of anyone who wants to take over Dish TV?
–IiAS says financial results should be withheld-who will benefit from this move? Why this recommendation?
-Why does IiAS tolerate Yes Bank’s proposal to appoint someone in the face of regulatory action?
-What’s the problem with rights issues? Money goes to the company, not the personal pocket-so what exactly is the problem? Yes what is the bank’s intent?
-Why is there a demand for dish TV management changes? Yes What does the bank want to achieve with this?
-Yes Do the candidates proposed by Bank want experience in the DTH industry?
प्रॉक्सीएडवाइजरीफर्म IiAS क्याकिसीकॉरपोरेटइरोरेटघरोरेटघर
— Zee Business (@ZeeBusiness) September 17, 2021
For Dish TV, there are many points to question the movement and intent of Yesbank and IiAS. There seem to be plans to question the minds of investors, but such moves can lead to the loss of trust in the agency itself. ZeeMedia sent an email to YesBank and IiAS asking for a reply, but did not receive a reply until this article was published.
Who’s “yes” and who’s “agent”?Advisory firms IiAS, YesBank fall into their own trap due to DishTV issue
Source link Who’s “yes” and who’s “agent”?Advisory firms IiAS, YesBank fall into their own trap due to DishTV issue