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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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