Radhika and Prannoy Roy will retain a combined 5% stake in NDTV; 'since the Open Offer was launched, our discussions with Mr. Gautam Adani have been constructive,' the Roys said in a statement
NDTV shares fell 4.68 per cent to hit a low of Rs 395 on BSE. A total of 21,000 NDTV shares changed hands so far against a two week average of 59,000 shares. Against a buy order of 3,483 shares, the scrip had sell orders of 17,218 shares on BSE at 10.30 am
Shares tendered account for nearly 11 per cent of the maximum open offer size of nearly 1.7 crore equity shares and represent around 2.8 per cent of the total number of shares of NDTV