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Videocon d2h merges into Dish TV India

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Videocon d2h merges into Dish TV India

Videocon d2h on March 22 merged with and into Dish TV India Ltd. to create a new Indian cable and satellite distribution platform.

A meeting of the company's board is scheduled to be held March 26 to consider and initiate actions in relation to the merger. The proposed transaction has been approved by the Competition Commission of India in 2017.

According to a recent filing, Videocon planned to voluntarily delist its American depositary shares from the Nasdaq Global Market and to deregister with the SEC, in connection with its amalgamation with Dish TV India.