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Adani open offer for NDTV: Over 18 lakh shares tendered on Day 2

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 ....

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What is delaying Adani Group open offer for NDTV?

Capital markets regulator Sebi had sought certain clarifications from merchant banker JM Financial on October 11 and the response is still awaited; an appeal related to the matter filed by Sebi is pending in the Supreme Court ....

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NDTV takeover: Adani Enterprises writes to SEBI, says will proceed with 'Open Offer'

In a stock exchange filing, Adani Enterprises has said that VCPL has urged SEBI "to provide its observations on the Draft Letter of Offer filed in relation to the Open Offer, in accordance with the SEBI (SAST) Regulations." ....

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NDTV buyout: I-T dept says no restrictions on RRPR for warrant conversion

On August 23 this year, Adani in a surprise announcement said that it had acquired 28.18 per cent stake in NDTV and would launch an 'open offer' to acquire additional 26 per cent. ....

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'IT department nod not necessary for NDTV acquisition': Experts back Adani claim

Adani group believes that there is no restriction by Income Tax authorities on it acquiring a stake in NDTV, NDTV says conversion is barred by income-tax authorities. ....

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