Attempt to mislead big investors? Proxy advisory firm IiAS, Yes Bank's intentions under the spotlight in Dish TV matter

Attempt to mislead big investors? Proxy advisory firm IiAS, Yes Bank's intentions under the spotlight in Dish TV matter

Yes Bank and IiAS in the case of Dish TV

In the aftermath of the recent moves by Yes Bank against Dish TV, news headlines about Yes Bank and Dish TV have been in the spotlight in the markets over the previous several days.

Yes Bank has requested that new directors be appointed to Dish TV, including one who was under SEBI investigation for selective disclosure and had to settle the matter after paying a large sum of money.

Yes Bank and proxy advice firm Institutional Investor Advisory Services India Limited (IiAS) are now deeply embroiled in the issues they have raised.

Both companies are facing severe market issues regarding the hidden goals and nefarious motives behind their actions.

Here are some:

There are numerous reasons to be suspicious about Yes Bank's and IiAS's actions and intentions in the Dish TV case.

There appears to be a plan in place to raise investor worries, but such a move might jeopardise the proxy firm's credibility.

Yes Bank and IiAS were contacted by Zee Media for comment, but no answer was received at the time of publication of this report.