Friday, March 29, 2024

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Adani Group completes majority acquisition of NDTV, acquires 27.26% shares from Prannoy Roy and Radhika Roy for over ₹602 crore

Adani Group acquires 27.26% equity stake in NDTV from Prannoy Roy and Radhika Roy, now owns 64.72% in the media company

Adani group to control nearly 65% stake in NDTV as founders Prannoy Roy and Radhika Roy divest most of their shares retaining only 2.5%...

After Prannoy Roy and Radhika Roy divested 23.27% stake in NDTV to Adani Group, Adani's stake in NDTV has gone up to to 64.71%

Prannoy Roy and Radhika Roy resign from NDTV promoter firm RRPR after the takeover of the firm by Adani Group

Prannoy Roy and his wife Radhika Roy has resigned from the board of RRPR Holding Private Limited, the holding company of the NDTV promoters

NDTV promoter company transfers 99.5% equity to Adani, giving Gautam Adani owned company 29.19% stake in media house

If Adani Group has indirect control over a stake that is more than 25%, it is required by Indian law to make an open offer to buy at least 26% more from current shareholders and give them the opportunity to withdraw.

Adani Group to launch open offer to acquire an additional 26% share in NDTV on November 22, will raise Adani’s total stake above 55%

The Adani Group has declared an open offer to purchase another 26% interest in NDTV commencing November 22.

The NDTV takeover by Gautam Adani, false narratives and propaganda: Here are a few questions that the global media and NDTV must answer

Let us examine a few questions and narratives that have emerged out of the Gautam Adani takeover of NDTV - a leftist bastion.

Adani buying NDTV: Washington Post owned by Amazon’s Jeff Bezos is concerned about ‘Modi ally’ endangering press freedom

Washington Post that is owned by Amazon's Jeff Bezos, expresses concerns about Adani buying NDTV, calls it worrying for 'press freedom'.

Baseless, legally untenable and devoid of merit: Adani Group responds to allegations of a ‘hostile takeover of NDTV’ without consent of promoters

NDTV accused the Adani Group of acquiring a 29% stake in the company without consent, the Adani group has responded to the allegations.

NDTV cries foul after Adani Group decides to exercise its right to convert loan into equity, know what a hostile takeover is

An explainer on what exactly happened with Adani Group and its hostile takeover bid for NDTV.

‘Liberals’ and ‘intellectuals’ find #HarGharTiranga problematic, say 50-year-celebrations were ‘simple’: Here is why it was simple and subdued

'Intellectuals' want simpler times because with Modi out of picture, they can go back to peddle lies to ordinary men and women without being questioned while influencing ministerial berths in free time.

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