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The Latest Breaking News from RRPR

Adani takes control of NDTV, buys promoters at 17% premium to open offer price

NEW DELHI: Adani group on Friday gained full control of news broadcaster NDTV after it acquired most of founders -- Prannoy Roy and Radhika Roy -- stake at a premium of almost 17 per cent over the rate it paid to minority shareholders of the firm.

The Times of India

Adani Group Completes Majority Acquisition Of NDTV

Adani Group Completes Majority Acquisition Of NDTV

The Adani Group on Friday said it had acquired 27.26 per cent equity stake in NDTV from the promoters -- Prannoy Roy and Radhika Roy -- indicating that the group had acquired the majority stake in the media firm. Read on ford details:

Who Owns Your Media: The saga of NDTV

Who Owns Your Media: The saga of NDTV

The Adani group’s open offer for additional 26 percent shares of New Delhi Television Limited, or NDTV, that began tendering after over a month’s delay on November 22, 2022, finally came to a close yesterday. Managing to get 31.7 percent of the bid quantity, the group acquired 8.26 percent of…

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Adani is now NDTV’s largest shareholder, with control over 37% of the company

The Adani group’s open offer to NDTV shareholders came to an end today, with 31.79 percent shares of the 167 lakh shares in the open offer subscribed. This is approximately 8.26 percent of the company’s total shares.

SEBI takes NDTV to Supreme Court after tribunal reduces penalty for Roys

The Securities and Exchange Board of India has filed civil appeals before the Supreme Court against NDTV, its founder-promoters Prannoy Roy and Radhika Roy, and promoter-group vehicle RRPR.

NDTV promoter entity, Adani write to SEBI, seek clarity on stake sale

The media group's promoters have asserted that the deal cannot go ahead without SEBI's nod

Takeover battle: NDTV promoter entity, Adani group approach Sebi on warrants conversion

NEW DELHI: Adani group and NDTV's promoter entity RRPR Holding Ltd have approached Sebi, seeking clarity on the applicability of the regulator's earlier order regarding the conversion of warrants into shares, a decisive factor in the hostile takeover battle for the media group.

The Times of India

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What exactly does NDTV's loan agreement with Reliance-linked firm say?

What exactly does NDTV's loan agreement with Reliance-linked firm say?

Billionaire Gautam Adani is set to control at least 29 percent of NDTV for Rs 113 crore. The acquisition, announced last week, triggered an open offer for the Adani group to buy another 26 percent of the TV network for nearly Rs 490 crore – 16,762,530 shares at Rs 294…

NDTV: the hostile takeover

NDTV: the hostile takeover

Large conglomerates owning media units might crimp editorial independence

NDTV | The outlier in a noisy television news space

NDTV | The outlier in a noisy television news space

The channel that has played a role in modernising India’s TV news reporting and has never shied away from taking critical positions on the government could be controlled by the Adani Group soon

Adani-NDTV tussle intensifies over stake acquisition

Adani-NDTV tussle intensifies over stake acquisition

Billionaire Gautam Adani-led Adani Group on Friday asserted that no prior approval was needed from market regulator SEBI to acquire 29 per cent stake in NDTV as stated by the media company founded and promoted by Prannoy Roy and Radhika Roy. Read more on Dynamite News:

RRPR bound to allot equity, its contentions legally untenable: Adani Group

RRPR bound to allot equity, its contentions legally untenable: Adani Group

Responding to disclosures by NDTV promoter RRPR Holding Private Limited, the Adani Group has said that the promoter’s contentions are “baseless” and “legally untenable”, and it is bound to “allot equity shares as specified in the warrant exercise notice”.

Adani group asserts RRPR is bound to transfer NDTV shares to VPCL

Adani group asserts RRPR is bound to transfer NDTV shares to VPCL

In a regulatory filing on Thursday, NDTV had contended that the Adani Group may not be able to complete its deal to buy RRPR Holdings as Prannoy, Radhika Roy have been restrained from dealing in securities by a 2020 SEBI order

Adani stake in NDTV | Promoters cite SEBI ban on dealing in shares

Adani stake in NDTV | Promoters cite SEBI ban on dealing in shares

Roys signal inability to meet two-day deadline set by Adani group for transfer of shares

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The Times of India

NDTV stock rises 5%; hits upper circuit limit on Adani group takeover bid

NEW DELHI: NDTV's share price rose 5 per cent, hitting the upper circuit in opening trade on Wednesday, a day after the Adani group launched a hostile bid to take over the media house.

The Times of India

Adani buys 29% in NDTV, to make open offer for 26%

MUMBAI: In a transaction that drew an adverse reaction from the promoters of New Delhi Television (NDTV), the media arm of the Adani Group announced the acquisition of a 29% stake in the company.

How Adani is taking over NDTV without consulting the Roys

Through an indirect deal, the media arm of Adani Enterprises, led by Gautam Adani, the fourth richest person in the world, will acquire nearly 30 percent of NDTV’s shares over the next two days. The deal has kicked in an open offer, under which the Adani group is open to…

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