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Dish TV jumps 6% as board approves raising up to Rs 1,000 crore

The company and its promoters settled with Sebi cases of alleged disclosure lapses after paying nearly Rs 45 lakh as settlement charges

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SI Reporter New Delhi
Shares of Dish TV India jumped 6 per cent to hit an intra-day high of Rs 12.60 on the BSE in Thursday's session after the company's board approved raising funds of up to Rs 1,000 crore. With today's gains, the stock has risen 9 per cent in the last two days.

The scrip, however, pared some gains and was trading 3.36 per cent up at Rs 12.29 on the BSE around 9.40 am as against a 0.05 per cent rise in the S&P BSE Sensex.

"Keeping in mind the requirement for funds in the company, the Board, at

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