Prannoy Roy and his wife Radhika Roy, founders and promoters of channel New Delhi Television (NDTV), resigned as directors on the Board of RRPR Holding Private Limited, a promoter group vehicle of NDTV, the company said in a regulatory filing to the stock exchanges on Tuesday.
Get latest articles and stories on Latest News at LatestLY. NDTV founders Prannoy Roy and his wife Radhika Roy have resigned as the directors of promoter group vehicle RRPR Holding Private Limited as the Adani Group neared takeover of the television channel. Latest News | Prannoy Roy, Wife Radhika Roy Resign as Adani Group Nears Takeover of NDTV.
NEW DELHI, Nov 30: NDTV Ltd informed the bourses on Tuesday evening that it had been informed by the promoter group entity RRPR Holding Pvt Ltd of Prannoy Roy and Radhika Roy’s resignation as directors.In a regulatory filing on Monday, NDTV said that RRPR had issued 99.5% of its shares to the Adani Group, giving