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Adani Group says regulatory nod not needed for NDTV share acquisition

NDTV sought to block Gautam Adani's attempt to acquire majority shares in the news network, saying regulatory orders prevent them from transferring shares.

New Delhi Television Ltd's (NDTV) founders Prannoy Roy and Radhika Roy tried to block Adani's attempt to acquire majority stake in the company citing regulatory board, SEBI orders.(AFP)
New Delhi Television Ltd's (NDTV) founders Prannoy Roy and Radhika Roy tried to block Adani's attempt to acquire majority stake in the company citing regulatory board, SEBI orders.(AFP)
business
Published on Aug 26, 2022 11:39 AM IST
Reuters | | Edited by Nisha Anand
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Congress' Jairam Ramesh on Gautam Adani's 'hostile takeover' of NDTV

Adani Group has several publicly listed companies in sectors including airports and ports, power generation and transmission, coal and gas trading.

AMNLis a subsidiary of Gautam Adani’s Adani group and houses the media business of the Adani Group. (File Photo/Mint)
AMNLis a subsidiary of Gautam Adani’s Adani group and houses the media business of the Adani Group. (File Photo/Mint)
india news
Updated on Aug 24, 2022 05:30 PM IST
ByHT News Desk | Written by Kunal Gaurav
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