Direct Media Distribution Ventures Pvt Ltd reduces stake in Dish TV India Ltd through market sale

DISH TV INDIA LTD.'s Promoter, Direct Media Distribution Ventures Private Ltd has sold 2711500 equity shares of the company through Market Sale in NSE. The shares were sold for a total amount of Rs. 111649918.

With this transaction, the shareholding of Direct Media Distribution Ventures Private Ltd has reduced from 432314788 (23.48%) to 429603288 (23.33%). The shares were sold during the period 3/5/2019 to 3/5/2019.

Promoter Entity	Shares Acquired / Sold	Date / Period	Holding - Pre Transaction	Holding - Post Transaction
Direct Media Distribution Ventures Private Ltd	2261500	3/5/2019 to 3/5/2019	432314788 (23.48%)	430053288 (23.36%)
Direct Media Distribution Ventures Private Ltd	450000	3/5/2019 to 3/5/2019	430053288 (23.36%)	429603288 (23.33%)

Shares of the company was last trading in BSE at Rs.39.9 as compared to the previous close of Rs. 38.85. The total number of shares traded during the day was 1640167 in over 9149 trades.

The stock hit an intraday high of Rs. 41.4 and intraday low of 38.85. The net turnover during the day was Rs. 65986371.

Source : Equity Bulls

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