11.3 C
Jammu
Thursday, December 5, 2024
HomeNorth IndiaAdani takes control of NDTV, buys promoters' stake at 17 pc premium...

Adani takes control of NDTV, buys promoters’ stake at 17 pc premium to open offer price, Roys resign

Date:

Related stories

NSO Jammu organizes camp on Annual Survey Industries 2023-24

JAMMU: National Statistics Office, Regional Office Jammu organized one...

Prez Droupadi Murmu to visit Siachen Base Camp tomorrow, interact with troops

Sunil Kumar Leh: President Droupadi Murmu will visit the Siachen...

CEC Gyalson launches Mahindra Thar ROXX MX5 in Leh

Leh, Sept 20: In a significant push for local...
spot_imgspot_img

New Delhi, Dec 30 (PTI) Adani group on Friday gained full control of news broadcaster NDTV after it acquired most of the stake of founders, Prannoy Roy and Radhika Roy, at a premium of almost 17 per cent over the rate it paid to minority shareholders of the firm.

The Adani Group now holds 64.71 per cent of New Delhi Television Ltd (NDTV), according to a regulatory filing.

In a later development, NDTV said the Roys, along with four other directors, have resigned following the change of ownership.

Share this

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

spot_img

LEAVE A REPLY

Please enter your comment!
Please enter your name here