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Founders of India's News Outlet NDTV Resign After Billionaire's Takeover of Company

The founders of New Delhi Television Ltd (NDTV) have resigned from the board of promoter group vehicle as Adani Group's takeover draws to a close.

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Prannoy Roy and Radhika Roy resign as directors on board of RRPRH

The resignation comes a day after NDTV said an entity backed by the founders had issued shares to a unit of Adani Group.

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Prannoy and Radhika roy resign from NDTV Board - Jammu Kashmir Latest News | Tourism

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 the latter a 29.18% stake in the media firm. Adani is also conducting an open offer running up to December 5 for an additional […]

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