Adani Groups To Aqcuire 28% Stakes Of NDTV Media House

Adani Group is to buy 28% stake of NDTV.  AMG Media Networks Limited, a subsidiary of the Adani group, will indirectly acquire a 29.18% stake in NDTV.  After the expected acquisition, the company will launch an open offer for another 26% stake in the media house, confirmed AMG Media networks. The stake would be acquired under the requirements of the SEBI’s Regulations, 2011, paving way for Adani's in new-age media.