NDTV investors tender shares for nearly a quarter of open offer by Adani

November 26, 2022

The offer size is around ₹493 crore at a floor price of ₹294 a share. Earlier, market participants were doubtful if investors would tender shares in the open offer at all since the stock price was trading way higher than the purchase price. If fully subscribed, the ₹492.81 crore open offer will increase Adani group’s holding in NDTV to 55.18%.

More To Explore

Reddit stock plunges 30% as Google’s AI search threatens traffic and user growth

Reddit shares plunged 23% after the company warned that Google’s AI powered search features were hurting referral traffic and could lead to a decline in

October 30, 2026

Intel stock plunges 30% as weak PC demand and AI costs trigger global chip selloff

Intel shares plunged 30% after the chipmaker issued a weak fourth-quarter revenue forecast and warned of negative cash flow for the year. The warning triggered

October 30, 2026

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003