Dish TV will have to fork out over Rs 185 crore in past dues towards licence fee as a result of the Cabinet decision, said sources close to the Essel group.
Their total dues and debt in the firm will now go up to Rs 2,500 crore, leaving them with no option but to raise liquidity, according to sources. They will have to explore multiple options to do so, so that the business survives and can face competition.
A spokesperson from the Essel group declined to comment.