The reputed ad agency is all set to be acquired by Goyal-led Mogae Media. 03 May, 2021 - 11:28 AM IST | By indiantelevision.com Team New Delhi: Advertising agency Rediffusion founders Diwan Arun Nanda and Ajit Balakrishnan on Monday announced their decision to step back from the day-to-day management of the ad agency. Mogae Media founder and chairman and industry veteran Sandeep Goyal, who served as president of Rediffusion from 1997 to 2001, will take over as the managing director. The 48-year-old agency has been acquired by Goyal led Integrated marketing and communications agency Mogae Media which was set up in 2012. The deal also includes sibling agency Everest Brand Solutions.