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 February 2018
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): ☐
Update on the Effective Date for the Scheme of Amalgamation with Dish TV India Limited
Mumbai, India, February 06, 2018 This is in connection with the proposed amalgamation of Videocon d2h Limited (NASDAQ: VDTH) (Videocon d2h
or the Company) with Dish TV India Limited (Dish TV) pursuant to a scheme of arrangement (the Scheme).
Pursuant to
the announcement by Videocon d2h previously on January 11, 2018 and as notified now by Dish TV on February 6, 2018 to the stock exchanges in India, upon evaluation of the circumstances, mentioned in the previous announcement, by the
Advisors to the Scheme, Dish TV is proceeding with undertaking necessary steps for completion of the Scheme, and, accordingly, Videocon d2h and Dish TV intend to file the relevant intimations /
E-Forms
with
the Registrar of Companies, Ministry of Corporate Affairs, Maharashtra, Mumbai in the last week of February, 2018 which filing date will become the effective date for the said Scheme.
Further, for the purpose of seamless integration of the businesses of Videocon D2H into and with Dish TV and for synchronizing the operations of two Companies
to derive the benefits and objectives of the Scheme, Dish TV is nominating two Directors namely Mr. Amitabh Kumar and Mr. Raj Kumar Gupta on the Board of Videocon D2H. The Company will appoint Mr. Amitabh Kumar and Mr. Raj Kumar
Gupta on the Board of the Company.
On this background, the Company intend to file the relevant intimations /
E-Forms
with the Registrar of Companies, Ministry of Corporate Affairs, Maharashtra, Mumbai in the last week of February, 2018 which filing date will become the effective date for the said Scheme. The Company
will issue the timelines and other mandatory notices in relation to the Scheme 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: February 6, 2018
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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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