Best Media Info: The shares tendered so far equal to 8.26% shareholding of NDTV. Together with a 29.18% stake, Adani group has already acquired, the ports-to-energy conglomerate would have a 37.44% stake - larger than| Television News
Billionaire Gautam Adani’s group open offer for NDTV ended on Monday with investors tendering nearly 32 per cent share of the media house despite a deep discount to the stock's current trading price.
Billionaire Gautam Adani’s group has found investors willing to sell over 53 lakh shares of NDTV despite the deep discount to the stock’s current trading price, giving it the rights - which it may or may not exercise - to nominate a chairman of the broadcaster.