NDTV founders to sell their stake to Adani Group
Prannoy Roy and Radhika Roy to sell 27.26% out of their remaining 32.26% shares to Adani Group.
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Prannoy Roy and Radhika Roy to sell 27.26% out of their remaining 32.26% shares to Adani Group.
"The AMG Media Network, after the recent Open Offer, is now the single-largest shareholder in NDTV. Consequently, with mutual agreement we have decided to divest most of our shares in NDTV to the AMG Media network," the statement read.
Investegate announcements from SEEEN PLC, Result of GM and Open Offer
Radhika and Prannoy Roy will sell 27.26% stake in NDTV while keeping a minority 5% shareholding in the company
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