The National Company Law Tribunal has provided its approval to the merger of satellite TV service providers Dish TV and Videocon D2h.

Dish TV has said in a regulatory filing that “Dish TV India Limited is glad to announce that the Mumbai Bench of Hon’ble National Company Law Tribunal (NCLT), at a hearing held today has approved the scheme of arrangement amongst Videocon D2h Limited and Dish TV India Limited and their respective shareholders and creditors.”

The merge entity would be having a subscriber base of over 27.2 million, creating the largest DTH service provider in the industry.

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