Adani’s open offer for NDTV subscribed 32%

December 6, 2022

Once the ₹493-crore open offer goes through, the Gautam Adani-led conglomerate’s stake in the news broadcaster will increase to 37.44%. In August, Adani acquired a 29.18% stake in the broadcasting company. As of September 30, 2022, promoters Prannoy Roy and Radhika Roy owned 15.94% and 16.32% stakes in the company.

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