Report of Foreign Issuer (6-k)
December 26 2017 - 7:59AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
6-K
REPORT OF
FOREIGN PRIVATE ISSUER
PURSUANT TO RULE
13A-16
OR
15D-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of December 2017
Commission File Number:
001-36901
Videocon d2h Limited
(Translation of registrants name into English)
1st Floor,
Techweb Centre
New Link Road
Oshiwara Jogeshwari (West)
Mumbai 400 102 Maharashtra, India
(Address of principal executive offices)
Indicate by check mark whether
the registrant files or will file annual reports under cover Form
20-F
or Form
40-F.
Form
20-F ☒ Form
40-F ☐
Indicate by check mark if the registrant is submitting the Form
6-K
in paper as permitted by Regulation
S-T
Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form
6-K
in paper as permitted by Regulation
S-T
Rule 101(b)(7): ☐
PRESS RELEASE
Videocon d2h provides update on timing of Nasdaq delisting in connection with scheme of amalgamation with Dish TV
Mumbai, India, December
26, 2017
Videocon d2h Limited (NASDAQ: VDTH) (Videocon d2h or the Company),
previously announced on December 18, 2017 its intention to voluntarily delist its American Depositary Shares (ADSs) from the Nasdaq Global Market (Nasdaq) and to deregister with the U.S. Securities and Exchange
Commission (SEC), in connection with its amalgamation with Dish TV India Limited (Dish TV) pursuant to a scheme of arrangement (the Scheme).
The Company hereby announces that the anticipated effective date for the Scheme, is no longer anticipated to be completed by December 27, 2017.
Accordingly, the timelines in respect of effective date, GDR election
cut-off,
ADR delisting date etc. will revise and the same shall be intimated in due course.
This communication does not constitute an offer of any securities for sale or subscription or a solicitation of an offer to purchase or subscribe to any
securities in any jurisdiction. The equity shares of Dish TV and Dish TV GDRs issued pursuant to the Scheme will not be registered under the U.S. Securities Act of 1933, as amended (the Securities Act), or under any relevant securities
laws of any state or other jurisdiction of the United States. Such securities will be issued in reliance upon the exemption from the registration requirements of the Securities Act provided by section 3(a)(10) thereof. No public offering of such
securities will be made in the United States. Such transaction has not been and will not be approved or disapproved by the U.S. Securities and Exchange Commission (the SEC), nor will the SEC or any U.S. state securities commission pass
upon the merits or fairness of the transaction nor upon the adequacy or accuracy of the information contained in any document in connection with the Scheme. Any representation to the contrary is a criminal offence in the United States.
About Videocon d2h
Videocon d2h is Indias fast
growing DTH service provider, which offers over 650 channels & services, which includes 62 Asli HD channels & services. Videocon d2h recently launched the HD Smart Connect Set Top Box (Connected Set Top Box), which
converts an existing normal TV into a Smart TV. The Connected Set Top Box allows one to browse content from Facebook, Twitter, Daily Motion, video on demand sites, news sites, weather sites, etc. through applications residing on the Set Top Box.
Powered by the
MPEG-4
and
DVB-S2
technology, Videocon d2h offers services such as 12 PIP Mosaic, d2h Cinema & Active Music. It offers High Definition channels
in 1080p, HDD Sound and 16:9 aspect ratios. Videocon d2h has over 300 own service centres spread across 7,500 top towns in India.
Forward-looking statements
This announcement may contain forward-looking statements, as defined in the safe harbor provisions of the US Private Securities Litigation Reform Act of 1995.
In addition to statements which are forward-looking by reason of context, the words may, will, should, expects, plans, intends, anticipates, believes,
estimates, predicts, potential, or continue and similar expressions identify forward-looking statements. We caution you that reliance on any forward-looking statement involves risks and uncertainties
that might cause actual results to differ materially from those expressed or implied by such statements. These and other factors are more fully discussed in Videocon d2hs annual report on Form
20-F
filed
with the SEC and available at http://www.sec.gov. All information provided in this announcement is as of the date hereof, unless the context otherwise requires. Other than as required by law, Videocon d2h does not undertake to update any
forward-looking statements or other information in this announcement.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
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Dated: December 26, 2017
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Videocon D2h Limited
(Registrant)
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By:
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/s/ Saurabh Pradipkumar Dhoot
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Name:
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Saurabh Pradipkumar Dhoot
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Title:
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Executive Chairman
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