Gautam Adani

Photo: The Indian Express

NDTV 29.18% Stake Takeover By Adani's Halted Due To This Reason

The reported takeover of NDTV Media House by Adani's has been halted under the SEBI Act. On August 25, New Delhi Television Ltd., issued a letter to the Adani Group, saying, the takeover is not possible as Radhika and Prannoy Roy, owners of RRPR Holding Pvt. Ltd., are prohibited from engaging in any securities transactions, by India's markets… read-more

Thu, 25 Aug 2022 - 12:00 PM / by Varsha Joshi

Tags: NDTV Take over, Adani Group, RRPR, SEBI Guidelines, Prohibited