NDTV

Adani Group's media arm will buy a 29.18% stake in New Delhi Television Ltd (NDTV), and make an open offer to acquire another 26% of the shares in the media ...

"Vishvapradhan Commercial Private Limited (VCPL), a wholly owned subsidiary of AMG Media Networks Limited (AMNL), exercised the rights to acquire 99.5% of ...

They individually and through their company, RRPR Holding Private Limited, continue to hold 61.45% of the total paid-up share capital of NDTV," NDTV said in a BSE filing. [Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). "The notice from VCPL is based on a loan agreement it entered with NDTV founders Radhika and Prannoy Roy in 2009-10. "The acquisition is in line with AMNL’s objective of setting up a credible next-generation media platform with an emphasis on digital and broadcast segments, amongst others," AMNL said. RRPR is a promoter group company of NDTV and holds a 29.18% stake in NDTV. [NDTV](/topic/ndtv)after Adani Group firms today launched an open offer to acquire 26 per cent stake in the media company for Rs 294 per share. For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) Adani firm VCPL said it has the right to buy all of the existing equity shares of RRPR held by Prannoy Roy and Radhika Roy and acquire 100% of the equity share capital of RRPR. "Thus, the said transaction will result in an indirect acquisition of voting rights in excess of 25% of NDTV, triggering an open offer by VCPL under the provisions of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“SAST Regulations”) for up to 16,762,530 fully paid-up equity shares, "Vishvapradhan Commercial Private Limited (VCPL), a wholly owned subsidiary of AMG Media Networks Limited (AMNL), exercised the rights to acquire 99.5% of the equity shares of RRPR Holding Private Limited, a promoter group company of NDTV," AMG Media Networks said in a release. VCPL, along with AMNL & AEL (persons acting in concert), launched an open offer to acquire up to 26% stake in NDTV in compliance with the requirements of the SEBI’s (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. It said the move would trigger an open offer to acquire up to 26% stake in NDTV in terms of SEBI’s Takeover Regulations.

Shares of NDTV settled at Rs 366.20 on BSE, up 2.61 percent from the previous close. Its revenue for the financial year ended March 31, 2022 was Rs 230.91 ...

NDTV was founded by one of India’s most famous TV news personalities, Prannoy Roy, and his wife in 1988. It operates three national channels – NDTV 24×7 in English, NDTV India in Hindi and a business news channel. On Monday, NDTV said in a stock exchange disclosure that Radhika and Prannoy Roy were not in discussions with any entity for a change in ownership or a divestment of their stake in NDTV. A unit of the Adani Group said it had used financial rights in a bid to purchase a 29.18% stake in NDTV, laying out plans for a subsequent open offer for another 26% stake in line with Indian regulations. Hours after the announcement, NDTV issued a statement saying the move by the Adani group “was executed without any input from, conversation with, or consent of the NDTV founders.” [Delhi](https://indianexpress.com/section/cities/delhi/) Television (NDTV), a move the TV news group said was executed without its consent.

एएमजी मीडिया नेटवर्क्स (एएमएनएल) की सहायक कंपनी विश्वप्रधान कमर्शियल प्राइवेट ...

हिस्सेदारी खरीदने की खबरें सामने आने के बाद एनडीटीवी की न्यूज वेबसाइट पर इसे लेकर एक खबर लगाई गई। इस खबर के मुताबिक अदाणी समूह की ओर से इस डील के लिए एनडीटीवी और उसके फाउंडर-प्रमोटर्स से कोई चर्चा नहीं की गई। एनडीटीवी की खबर के मुताबिक वीसीपीएल ने 2009-10 के एक ऋण समझौते के आधार पर नोटिस दिया है। ये सब एनडीटीवी के संस्थापकों और कंपनी की सहमति के बिना किया गया है। जबकि, एक दिन पहले ही एनडीटीवी ने शेयर बाजार को यह सूचना दी थी कि उसकी शेयरहोल्डिंग्स में कोई बदलाव नहीं किया गया है। आरआरपीआरएच को केवल दो दिन में अपनी 29.18 फीसदी हिस्सेदारी को वीसीपीएल को सौंपने को कहा गया है। देश के सबसे बड़े व्यापारिक संगठनों में से एक अदाणी समूह है। इस समूह के एक प्रमुख कंपनी अदाणी एंटरप्राइजेज लिमिटेड है। एमएनएल यानी एमएमजी मीडिया नेटवर्क्स लिमिटेड अदाणी एंटरप्राइजेज लिमिटेड की सहायक कंपनी है। इस कंपनी में अदाणी समूह की सौ फीसदी हिस्सेदारी है। अदाणी समूह की सहायक कंपनी एमएनएल की भी एक सहायक कंपनी है। एमएनएल की भी एक सहायक कंपनी है विश्वप्रधान कमर्शियल प्राइवेट लिमिटेड (वीसीपीएल)। इसी ने ही एनडीटीवी में परोक्ष रूप से हिस्सेदारी खरीदने का एलान किया है। हिस्सेदारी की परोक्ष खरीदारी की बात क्यों की जा रही है? महज तीन महीने 29 दिन पहले मीडिया बिजनेस में उतरे गौतम अदाणी जल्द ही देश के मशहूर न्यूज चैनल एनडीटीवी के मालिक बन सकते हैं। दरअसल, उनके समूह की मीडिया कंपनी एएमजी मीडिया नेटवर्क्स (एएमएनएल) की सहायक कंपनी विश्वप्रधान कमर्शियल प्राइवेट लिमिटेड ने परोक्ष रूप से एनडीटीवी समूह की 29.18 फीसदी हिस्सेदारी खरीदने की प्रक्रिया शुरू कर दी है। कंपनी जल्द ही एनडीटीवी में 26 फीसदी हिस्सेदारी और खरीदने की भी कोशिश करेगी। इस हिस्सेदारी को खरीदने के लिए अदाणी समूह करीब 493 करोड़ रुपये खर्च करेगा। इसके लिए कंपनी ने खुला ऑफर दिया है। इस पूरी डील पर एनडीटीवी की ओर से कहा गया है कि उन्हें इस बारे में नोटिस मिला है। लेकिन, इस मसले पर कंपनी से पहले कोई चर्चा नहीं की गई। एएमएनएल क्या है?

Adani Group, through its wholly owned subsidiary, has acquired the holding of RRPR Holding, which is the promoter group company of NDTV; Prannoy Roy and ...

RECOMMENDED The open offer price, however, has been fixed at Rs 294 even as shares of NDTV closed at Rs 366.20 on Tuesday. AMG Media Networks' wholly owned subsidiary Vishvapradhan Commercial Private Limited (VCPL) bought the stake by acquiring the shares held by RRPR Holding Private Limited, a promoter group company of NDTV. RRPRH, which owns 29.18% of NDTV, has been told to transfer within two days all its equity shares to VCPL." The media company primarily began as a production house for state-owned Doordarshan.

गौतम अडानी समूह की कंपनी एएमजी मीडिया नेटवर्क लिमिटेड ने मीडिया हाउस NDTV में ...

गौतम अडानी की एक और बड़ी डील, 495 करोड़ रुपये में NDTV पर लगाया दांव गौतम अडानी की बड़ी डील, 495 करोड़ रुपये में NDTV पर लगाया दांव, खरीदेंगे 29% स्टेक [हिंदी न्यूज़](/) [बिजनेस](/business/)गौतम अडानी की बड़ी डील, 495 करोड़ रुपये में NDTV पर लगाया दांव, खरीदेंगे 29% स्टेक

NDTV ने शेयर बाजारों को भेजी सूचना में बताया, "एनडीटीवी के संस्थापकों की जानकारी, ...

NDTV ने शेयर बाजारों को भेजी सूचना में बताया, "एनडीटीवी के संस्थापकों की जानकारी, बातचीत या सहमति के बिना इन अधिकारों या 'वारंट्स' का इस्तेमाल किया गया है।" बता दें कि RRPRH के पास एनडीटीवी की 29.18 फीसदी हिस्सेदारी थी। RRPRH को खरीदने के साथ ही एनडीटीवी की यह 29.18 फीसदी हिस्सेदारी विश्वप्रधान कमर्शियल प्राइवेट लिमिटेड (VCPL) को चली गई, जो अडानी ग्रुप से जुड़ी कंपनी है। इस तरह अडानी ग्रुप की अब NDTV में 29.18 फीसदी हिस्सेदारी हो गई है। NDTV ने शेयर बाजारों को भेजी सूचना में बताया, "एनडीटीवी के संस्थापकों की जानकारी, बातचीत या सहमति के बिना इन अधिकारों या 'वारंट्स' का इस्तेमाल किया गया है"

Adani Group's takeover bid to acquire NDTV: एनडीटीवी के 29.18% शेयर अडाणी ग्रुप ने अप्रत्यक्ष तरीके से ले ...

आरआरपीआर एनडीटीवी की प्रमोटर कंपनी है जिसके पास एनडीटीवी की 29.18 फीसदी हिस्सेदारी है. एनडीटीवी दिग्गज मीडिया हाउस है जो पिछले तीन दशकों से विश्वसनीय खबरों का एक प्रमुख स्रोत है. आज बीएसई पर एनडीटीवी के शेयर 366.20 रुपये पर बंद हुए हैं. वीसीपीएल ने इस वारंट्स को 99.5 फीसदी हिस्सेदारी में बदलने की प्रक्रिया शुरू कर दी है और इसके बाद वीसीपीएल के पास आरआरपीआर का पूरा नियंत्रण हो जाएगा. Adani Group’s takeover bid to acquire NDTV: दिग्गज मीडिया कंपनी एनडीटीवी (NDTV) पर बहुत जल्द देश के सबसे अमीर शख्स गौतम अडाणी (Gautam Adani) के अडाणी ग्रुप का नियंत्रण होगा. विश्वप्रधान कॉमर्शियल प्राइवेट लिमिटेड, एएमजी मीडिया नेटवर्क्स और अडाणी एंटरप्राइजेज ने चार रुपये की फेस वैल्यू वाले 1,67,62,530 पेडअप इक्विटी शेयरों को खरीदने के लिए 294 रुपये प्रति शेयर का ऑफर दिया है.

Earlier on Tuesday, Adani said it bought Vishvapradhan Commercial Pvt Ltd (VCPL) for Rs 114 crore. VCPL owns warrants of NDTV shareholder RRPR and on Tuesday ...

Prior to that, in September last year, Pugalia, who was president of Quint Digital Media, the parent company of Quintillion, was made the CEO of Adani Media Ventures. “AMNL seeks to empower Indian citizens, consumers and those interested in India, with information and knowledge. The release further carried a statement from Sanjay Pugalia, CEO of AMNL. Adani’s unit will indirectly buy a 29.18% stake in New Delhi Television Ltd and launch an open offer for another 26% stake. Earlier on Tuesday, Adani said it bought Vishvapradhan Commercial Pvt Ltd (VCPL) for Rs 114 crore. “RRPR is a promoter group company of NDTV and holds 29.18% stake in NDTV,” the Adani Media Networks Limited (AMNL) press release said further, adding that VCPL, along with AEL and AMNL, will launch an open offer to acquire up to 26% stake in NDTV in line with regulations set by the Securities and Exchange Board of India (SEBI) in 2011.

Adani-NDTV: अदाणी ग्रुप ने NDTV (New Delhi Television) मीडिया ग्रुप में 29.18% की हिस्सेदारी खरीदेगा।

के साथ एएमजी मीडिया नेटवर्क्स और अडाणी एंटरप्राइजेज लि. इस मामले में जारी एक प्रेस रिलीज के मुताबिक VCPL के पास RRPR होल्डिंग प्राइवेट लिमिटेड की 99.5% हिस्सेदारी खरीदने का अधिकार था। इसी अधिकार के तहत यह स्टेक लेने का फैसला किया है। बता दें कि आरआरपीआर होल्डिंग प्राइवेट लिमिटेड प्रमोटर ग्रुप कंपनी है। इसके पास एनडीटीवी की 29.18% हिस्सेदारी थी। इसे ही अदाणी ग्रुप हासिल करेगा।सेबी के नियमों के मुताबिक लाना होगा ओपन ऑफर मीडिया रिपोर्ट्स के मुताबिक अदाणी ग्रुप ने आगे और हिस्सेदारी लेने के लिए ऑपन ऑफर भी पेश किया है। तीन कंपनियों विश्वप्रधान कमर्शियल प्राइवेट लि.

Adani Group NDTV News : अडानी ग्रुप (Adani Group) मीडिया कंपनी न्यू दिल्ली टेलीविजन लिमिटेड (NDTV) को ...

एनडीटीवी के पास तीन प्रमुख राष्ट्रीय चैनल्स हैं। ये एनडीटीवी 24x7, एनडीटीवी इंडिया और एनडीटीवी प्रोफिट हैं। इसके पास एक मजबूत डिजिटल प्लेटफॉर्म भी है। बता दें कि एनडीटीवी की प्रमोटर ग्रुप कंपनी आरआरपीआर के पास एनडीटीवी की 29.18 फीसदी हिस्सेदारी है। एनडीटीवी का शेयर मंगलवार को बीएसई पर 2.61 फीसदी की बढ़त के साथ 366.20 रुपये पर बंद हुआ था। कंपनी की आय वित्त वर्ष 2021-22 में 230.91 करोड़ रुपये थी। एएमएनएल और अडानी एंटरप्राइजेज लिमिटेड के साथ वीसीपीएल एनडीटीवी में 26 फीसदी हिस्सेदारी खरीदने के लिए एक ओपन ऑफर लॉन्च करेंगे। ऐसा सेबी के नियमों को पूरा करने के लिए होगा। इन कंपनियों ने 4 रुपये अंकित मूल्य के एनडीटीवी के 1,67,62,530 पूर्ण चुकता इक्विटी शेयर सार्वजनिक शेयरधारकों से खरीदने के लिये 294 रुपये प्रति शेयर की पेशकश की है। एएमजी मीडिया नेटवर्क्स लिमिटेड (AMNL) अडानी ग्रुप की मीडिया कंपनी है। एएमएनएल एडानी एंटरप्राइजेज लिमिटेड (AEL) की 100 फीसदी सब्सिडियरी कंपनी है। एएमएनएल एनडीटीवी में अप्रत्यक्ष रूप से 29.18 फीसदी हिस्सेदारी खरीदेगी। दरअसल, एएमएनएल की एक पूर्ण स्वामित्व वाली सब्सिडियरी विश्वप्रधान कमर्शियल प्राइवेट लमिटेड (VCPL) है। वीसीपीएल एनडीटीवी की एक प्रमोटर ग्रुप कंपनी आरआरपीआर होल्डिंग्स प्राइवेट लिमिटेड के 99.5 फीसदी इक्विटी शेयर्स के अधिग्रहण की तैयारी कर रही है।

Adani Group का ओपन ऑफर सफल रहा तो NDTV के 55% से ज्यादा शेयर्स पर होगा अडाणी समूह का कब्जा, ...

इसी नियम का पालन करने के लिए अडाणी ग्रुप की कंपनियां 26 फीसदी शेयर खरीदने के लिए ओपन ऑफर ला रही हैं. लिहाजा VCPL के पास एनडीटीवी के जो 19.18 फीसदी शेयर हैं, वे अब अडाणी ग्रुप के नियंत्रण में हैं. - बीएसई (BSE) की वेबसाइट पर मौजूद जानकारी के मुताबिक एनडीटीवी के प्रमोटर्स प्रणव रॉय और राधिका रॉय के पास कुल मिलाकर कंपनी के 32.26 फीसदी शेयर हैं. इस तरह एनडीटीवी के शेयर VCPL के जरिए अडाणी ग्रुप के ही नियंत्रण में होंगे. इनमें से 15.94 फीसदी शेयर डॉ प्रणव रॉय के पास और 16.32 फीसदी इक्विटी शेयर राधिका रॉय के पास हैं. क्या अडाणी समूह का ओपन ऑफर सफल होगा? इस तरह जब RRPR होल्डिंग पर VCPL का कब्जा हो गया तो जाहिर है, उसके पास मौजूद एनडीटीवी के 29.18 फीसदी शेयर भी VCPL के कब्जे में आ गए. एनडीटीवी के 29 फीसदी से ज्यादा शेयर पहले ही अप्रत्यक्ष रूप से अडाणी समूह के कब्जे में आ चुके हैं. जल्द ही इस मीडिया कंपनी के 55 फीसदी से ज्यादा शेयर अडाणी ग्रुप के पास होंगे. - दरअसल एनडीटीवी के 29.18 फीसदी शेयर रखने वाली कंपनी RRPR होल्डिंग प्राइवेट लिमिडेट VCPL की करीब 350 करोड़ रुपये की कर्जदार थी. दरअसल ये 29.18 फीसदी शेयर एनडीटीवी की प्रमोटर ग्रुप कंपनी RRPR Holding Pvt Ltd के पास थे. - एनडीटीवी के जो 29.18 फीसदी शेयर्स RRPR Holding Pvt Ltd के पास थे, वे अब विश्वप्रधान कॉमर्शियल प्राइवेट लिमिटेड (VCPL) ने ले लिए हैं.

Adani Group's media entity said on Tuesday that it would indirectly buy a 29.18 per cent stake in the media company New Delhi Television (NDTV) and also ...

MOST READ "The notice from VCPL is based on a loan agreement it entered with NDTV founders Radhika and Prannoy Roy in 2009-10. RRPR Holding is a promoter entity of NDTV which holds 29.18 per cent stake in the media group. The NDTV founders and the company would like to make it clear that this exercise of rights by VCPL was executed without any input from, conversation with, or consent of the NDTV founders, who, like NDTV, have been made aware of this exercise of rights only today," it stated in a exchange filing.

The acquisition capped months of speculation about a potential acquisition that saw the NDTV stock rally fivefold in nine months (from ₹75.55 on 1 December ...

नोटिस में बताया गया है कि वीसीपीएल ने आरआरपीआर होल्डिंग प्राइवेट लिमिटेड का अधिग्रहण कर ...

उद्योगपति गौतन अडानी की अगुआई वाले अडानी ग्रुप की इकाइयों विश्वप्रधान कमर्शियल प्राइवेट लिमिटेड (वीसीपीएल), एमजी मीडिया नेटवर्क्स लिमिटेड (एएमएनएल) और अडानी एंटरप्राइजेज लिमिटेड (एईएल) ने एनडीटीवी में और 26 फीसदी हिस्सेदारी खरीदने के लिए ओपन ऑफर जारी कर दिया है. इससे अनिवार्य रूप से एनडीटीवी के 29.18 फीसदी शेयर अडानी ग्रुप की कंपनी के पास चले गए. नोटिस में बताया गया है कि वीसीपीएल ने आरआरपीआर होल्डिंग प्राइवेट लिमिटेड का अधिग्रहण कर लिया है, जिसके पास एनडीटीवी की 29.18 फीसदी हिस्सेदारी है. एनडीटीवी ने सोमवार को शेयर मार्केट को सूचित किया था कि उसके शेयरहोल्डिंग पैटर्न में कोई बदलाव नहीं किया गया है. कंपनी की ओर से कहा गया है कि उसे या उसके संस्थापक-प्रवर्तक राधिका रॉय और प्रणॉय रॉय को बिना किसी चर्चा, सहमति और पूर्व सूचना के विश्वप्रधान कमर्शियल प्राइवेट लिमिटेड (VCPL) ने अधिग्रहण का नोटिस थमाया है. आरआरपीआर मीडिया कंपनी एनडीटीवी की प्रमोटर और उसके पास कंपनी में 29.18 फीसदी हिस्सेदारी थी.

भारत के सबसे अमीर व्यक्ति गौतम अडानी अब टीवी मीडिया के कारोबार में एंट्री करने की ...

VCP ने AMG मीडिया नेटवर्क्स लिमिटेड और अडानी एंटरप्राइजेज लिमिटेड मिलकर पब्लिक शेयर होल्डर से एनडीटीवी के 1,67,62,530 पेड अप इक्विटी शेयरों के अधिग्रहण के लिए 294 रुपये की कीमत की पेशकश की है. एनडीटीवी में इस कंपनी की 29.18 फीसदी हिस्सेदारी है, जिसे अडानी ग्रुप खरीदने वाला है. अडानी ग्रुप ने एनडीटीवी में 294 रुपये प्रति शेयर की दर से 26 फीसदी हिस्सेदारी के लिए 493 करोड़ रुपये की खुली पेशकश की है.

For the unversed, VCPL said it has exercised the right to acquire "99.5 per cent of the equity shares of RRPR Holding Pvt Ltd". And, Adani Enterprises today ...

MOST READ In addition, it has made an open offer to purchase another 26 per cent stake in the New Delhi-based media company. And, Adani Enterprises today said that it has acquired VCPL at a value of around Rs 113.75 crore through its subsidiary AMG Media Networks Ltd. "The notice from VCPL is based on a loan agreement it entered with NDTV founders Radhika and Prannoy Roy in 2009-10. The NDTV founders and the company would like to make it clear that this exercise of rights by VCPL was executed without any input from, conversation with, or consent of the NDTV founders, who, like NDTV, have been made aware of this exercise of rights only today," it stated in an exchange filing.

This came as AMNL's wholly-owned subsidiary VCPL had warrants of RRPR Holding Pvt Ltd, the holding company of NDTV.

NDTV closed the fiscal ended March 31, 2022 (FY22) with net sales of Rs 396.4 crore and a net profit of Rs 79.8 crore. NDTV said VCPL had served a notice on the broadcaster based on a loan agreement it entered with its founders in 2009-10. The open offer for 26 per stake in NDTV, according to the document released to the stock exchanges on Tuesday evening, has been valued at Rs 493 crore. Within 24 hours of the promoters of NDTV issuing a clarification with regard to their shareholding, comes the announcement by Adani,” he said. As recently as yesterday, NDTV had informed the exchanges that there was no change in the shareholding of its founders,” NDTV said. [NDTV](/topic/ndtv) from its shareholders, even as the broadcaster said its founder-promoters had not consented to the exercise of rights, nor was any conversation or input given on the matter.

Indian billionaire Gautam Adani's conglomerate on Tuesday said it seeks to control a majority stake in the popular New Delhi Television (NDTV), a move the ...

India's TV news industry is worth $351 million, Elara Capital said in a note, adding that 70% of this market was dominated by Hindi news. But the proposed NDTV transaction marks Adani's highest-profile media bet to date. He is not connected to the situation. NDTV was founded by one of India's most famous TV news personalities, Prannoy Roy, and his wife in 1988. It operates three national channels: NDTV 24x7 in English, NDTV India in Hindi and a business news channel. Adani Group said NDTV had recorded a revenue of 4.21 billion rupees and a net profit of 850 million rupees in the fiscal year that ended in March 2022, with negligible debt. Register now for FREE unlimited access to Reuters.com "NDTV is the most suitable broadcast and digital platform to deliver on our vision," Adani Group executive Sanjay Pugalia said in the statement. The move could set the stage for Adani to face off in the sector with fellow tycoon Mukesh Ambani. On Monday, NDTV said in a stock exchange disclosure that Radhika and Prannoy Roy were not in discussions with any entity for a change in ownership or a divestment of their stake in NDTV. A unit of the Adani Group said it had used financial rights in a bid to purchase a 29.18% stake in NDTV, laying out plans for a subsequent open offer for a stake of another 26% in line with Indian regulations. [(NDTV.NS)](https://www.reuters.com/companies/NDTV.NS) (NDTV), a move the TV news group said was executed without its consent.

We'll send you a myFT Daily Digest email rounding up the latest Adani Group news every morning. Asia's richest man Gautam Adani has launched a hostile takeover ...

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Gautam Adani-led Adani Group has set the ball rolling to acquire a controlling stake of 55.18% in New Delhi Television (NDTV).The move is being seen as a ...

“The NDTV founders and the company would like to make it clear that this exercise of rights by VCPL was executed without any input from, conversation with, or consent of NDTV founders. RRPR was set up in August 2005 with the objective to acquire and hold controlling interests in shares or loan capital of the group and associate companies. In its statement, NDTV said the rights were “executed without any input from, conversation with, or consent of the NDTV founders”. Vishvapradhan Commercial Private Limited (VCPL), a wholly owned subsidiary of AMG Media Networks Limited (AMNL), on Tuesday exercised its rights to acquire 99.5% stake in RRPR Holding Private (RRPRH), a promoter group company of NDTV. This will result in AMNL indirectly acquiring a 29.18% stake in NDTV, which is currently being held by RRPRH.VCPL holds warrants of RRPRH which entitles it to convert them into 99.99% stake in RRPR.AMNL is a wholly-owned subsidiary of Gautam Adani-led Adani Group has set the ball rolling to acquire a controlling stake of 55.18% in New Delhi Television (NDTV).The move is being seen as a hostile takeover bid as NDTV was swift to make a statement to the stock exchanges that “there was no consent from its founders for the exercise of rights by VCPL”.

Asia's richest man, Gautam Adani, is seeking control of an Indian media firm for a bigger foothold in the nation's competitive digital and broadcast sector.

NDTV or its founders were not aware of any transaction and were not part of any discussion regarding the stake sale, the company said in a statement. Adani Group firms announced an open offer at 294 rupees per share -- a 20.5% discount to NDTV’s closing share price on the day. Asia’s richest man, Gautam Adani, is seeking control of an Indian media firm for a bigger foothold in the nation’s competitive digital and broadcast sector.

Adani Group Buys NDTV: एनडीटीवी ने कहा कि अडाणी ग्रुप के अधिग्रहण (NDTV acquisition by Adani Group) के बारे में ...

को 403.85 करोड़ रुपये का कर्ज दिया था। RRPR होल्डिंग का मालिकाना हक रॉय दंपती के पास था। इस ब्याज-मुक्त कर्ज के बदले RRPR ने VCPL को वॉरंट जारी किए। इन वॉरंट्स के जरिए VCPL, RRPR में 99.9 प्रतिशत हिस्सेदारी ले सकती थी। VCPL को खरीदने के बाद अडानी ग्रुप ने इन्हीं वॉरंट्स का इस्तेमाल किया है। NDTV ने मंगलवार को कहा कि कंपनी या उसके फाउंडर-प्रमोटर्स से बात किए बिना VCPL ने नोटिस भेज दिया। जिसमें कहा कि VCPL ने RRPR में 99.50% हिस्सेदारी का अधिग्रहण करने के अधिकार का इस्तेमाल किया है। RRPR की NDTV में 29.18% हिस्सेदारी है। दिलचस्प बात यह है VCPL ने RRPR को कर्ज देने के लिए पैसा मुकेश अंबानी की रिलायंस इंडस्ट्रीज लिमिटेड (RIL) की सब्सिडियरी रिलायंस स्ट्रैटीजिक वेंचर से लिया था। की सब्सिडियरी AMG मीडिया नेटवर्क्स ने मंगलवार को विश्वप्रधान कमर्शियल प्राइवेट लिमिटेड (VCPL) को खरीद लिया। VCPL ने 2009 और 2010 में NDTV की प्रमोटर कंपनी RRPR होल्डिंग प्राइवेट लि.

Adani Group on Tuesday indirectly acquired a 29.2% stake in New Delhi Television Ltd by buying VCPL, and offered to buy another 26% from the open market, ...

Group intends to make an open offer to acquire another 26 per cent in the news organisation at a price of Rs 294 per share.

SEPL had the right to purchase 11.01 per cent of equity shares of NDTV from RRPR at a call option price of Rs 214.65 per share. “This acquisition (NDTV) is a significant milestone in the journey of AMNL’s goal to pave the path of new age media across platforms. An equity call option confers a right to buy shares in the company without an obligation to actually do so. With its leading position in news and its strong and diverse reach across genres and geographies, NDTV is the most suitable broadcast and digital platform to deliver on our vision. They individually and through their company, RRPR Holding Private Limited, continue to hold 61.45 per cent of the total paid-up share capital of NDTV.” This marks the group’s second purchase in the media segment. The attractiveness of this 10-year loan was that it carried no interest. The group intends to make an open offer to acquire another 26 per cent in NDTV at a price of Rs 294 per share, aggregating to Rs 492.81 crore. RRPR, which owns 29.18 per cent of NDTV, has been told to transfer within two days all its equity shares to VCPL.” It is not clear when the Adanis took control of this entity. The open offer price is at an almost 20 per cent discount to the current market price. Shareholders of NDTV may not bite the weak bait.

From left to right: Mukesh Ambani, Prannoy Roy, Gautam Adani. On Tuesday, Adani Enterprises announced that it will acquire a 29.18% stake in the NDTV group ...

However, it is not clear how that happened since Vishvapradhan had returned only Rs 50 crore of the Rs 400 crore loan. The records also suggest NDTV never returned the loan it took from Vishvapradhan. In fact, Shinao, at the time, was a fully owned subsidiary of Reliance Industrial Investments and Holdings Limited. On Tuesday, AMG Media Networks Limited, a wholly owned subsidiary of Adani Enterprises, bought 100% of the equity stakes in Vishvapradhan Commercial Private Limited for Rs 113.74 crore. In 2012, though, Vishvapradhan’s ownership changed, statutory statements filed by the company with the corporate affairs ministry show. Led by billionaire Gautam Adani, who is believed to be close to Prime Minister Narendra Modi, the Adani Group also said it will launch an open offer to buy another 26% of NDTV’s shares.

The news of business tycoon Gautam Adani taking over the New Delhi Television Ltd (NDTV) news channel has come as a major shock for the viewers with people ...

Retail shareholders/investors stand to gain the most in the short-to-medium term from Gautam Adani group's hostile takeover bid of Prannoy Roy and Radhika ...

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Adani Group has several publicly listed companies in sectors including airports and ports, power generation and transmission, coal and gas trading.

On Monday, NDTV informed the stock exchanges that there was no change in the shareholding of its founders. Adani's stunning move to seek control of NDTV as part of an ambitious expansion plan has the potential to change the media landscape. Ironical, that an outfit called ‘Vishvapradhan’ is closely involved!” Ramesh tweeted.

RRPR Holdings, which was a promoter group entity and then held only 7.56% stake in NDTV, took the loan on behalf of NDTV from VCPL in two tranches during ...

The same loan has now become the reason for what looks like a hostile takeover of NDTV by Adani. Due to these terms, RRPR Holdings’ stake in NDTV increased to 29.18% by January 2010. RRPR Holdings, which was a promoter group entity and then held only 7.56% stake in NDTV, took the loan on behalf of NDTV from Vishvapradhan Commercial Private Limited (VCPL) in two tranches (Rs 350 crore in July 2009 and another Rs 53 crore in January 2010). Last Updated: 24th August 2022 12:18 PM Published: 24th August 2022 08:16 AM RRPR Holdings, which was a promoter group entity and then held only 7.56% stake in NDTV, took the loan on behalf of NDTV from VCPL in two tranches during 2009-10.

Gautam Adani-NDTV Deal: अडाणी समूह ने इससे पहले प्रतिद्वंद्वी उद्योगपति मुकेश अंबानी से पूर्व ...

एएमजी मीडिया नेटवर्क्स लिमिटेड (एएमएनएल) के मुख्य कार्यपालक अधिकारी (सीईओ) संजय पुगलिया ने कहा कि यह अधिग्रहण नए जमाने के मीडिया का मार्ग प्रशस्त करने के कंपनी के लक्ष्य की यात्रा में एक महत्वपूर्ण महत्वपूर्ण उपलब्धि है. हालांकि, समूह की तरफ यह खुली पेशकश कंपनी के शेयर मूल्य से 19.71 प्रतिशत कम है. कंपनी के शेयरों में इस वर्ष अबतक 300 प्रतिशत से अधिक की वृद्धि हुई है. समूह ने कहा, ‘‘एएमवीएल की पूर्ण अनुषंगी विश्वप्रधान कमर्शियल प्राइवेट लिमिटेड (वीसीपीएल) के आआरपीआर होल्डिंग प्राइवेट लिमिटेड (आरआरपीआर) में ‘वॉरंट' हैं. अडाणी समूह की कंपनी ने इस ऋण को अब समाचार चैनल में 29.18 प्रतिशत हिस्सेदारी में बदलने के विकल्प के रूप में इस्तेमाल किया है. इस कंपनी ने 2008-09 में एनडीटीवी (NDTV) को 250 करोड़ रुपये का ऋण दिया था.

NDTV stock rose 5 per cent to Rs 384.50 in early trade against the previous close of Rs 366.20 on BSE.

RECOMMENDED "The notice from VCPL is based on a loan agreement it entered with NDTV founders Radhika and Prannoy Roy in 2009-10. The acquisition has led to a mandatory open offer pursuant to which, AMG Media Networks has announced an offer to acquire a further 26 per cent stake in the company. AMG Media Networks' wholly owned subsidiary Vishvapradhan Commercial Private Limited (VCPL) bought the stake by acquiring shares held by RRPR Holding Private Limited, a promoter group company of NDTV. The NDTV founders and the company would like to make it clear that this exercise of rights by VCPL was executed without any input from, conversation with, or consent of the NDTV founders, who, like NDTV, have been made aware of this exercise of rights only today," NDTV stated in an exchange filing. Total 0.73 lakh shares changed hands amounting to turnover of Rs 2.75 crore. The stock opened with a gain of 3.77 per cent at Rs 380 today. Market cap of the media company rose to Rs 2,478.92 crore on BSE.

Retail shareholders/investors stand to gain the most in the short-to-medium term from Gautam Adani group's hostile takeover bid of Prannoy Roy and Radhika ...

More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world.

The owners of New Delhi Television Ltd (NDTV), one of the nation's most popular news channels, said they were completely unaware of the takeover until Tuesday, ...

[Top News](https://indianexpress.com/section/india/) [Hrithik, Saif's face-off promises big scale mass film](https://indianexpress.com/article/entertainment/bollywood/vikram-vedha-teaser-hrithik-roshan-saif-ali-khan-high-octane-face-off-8108235/) [Latest News](/latest-news/) [Firefighters pull stolen car through stairway of metro station in Spain’s Madrid. [Delhi](https://indianexpress.com/section/cities/delhi/) Television Ltd (NDTV), one of the nation’s most popular news channels, said they were completely unaware of the takeover until Tuesday, and that it was done without their consent or any discussion. The stock climbed 5 per cent to Rs 384.50 — its upper circuit limit as well as 52-week high — on the BSE after begining the trade on a positive note. At the NSE, it jumped 4.99 per cent to Rs 388.20 — its upper circuit limit as also the one-year peak. Shares of NDTV jumped 5 per cent to hit their highest trading permissible limit for the day on Wednesday after [Adani group launched](https://indianexpress.com/article/business/companies/adani-stake-in-ndtv-open-offer-8107464/) a bid to take over the media company.

NDTV share price jumped more than 3% today to Rs 380 apiece on BSE, after Gautam Adani-led Adani group made a move to acquire a controlling stake in the ...

“As recently as yesterday, NDTV had informed the stock exchanges that there was no change in the shareholding of its founders,” it added. The stock recommendations in this story are by the respective research analysts and brokerage firms. “The notice states that VCPL has exercised its option to convert 19,90,000 warrants into equity shares of RRPRH at Rs 10 per share, and that a total of Rs 1.99 crores has been transferred to RRPRH,” it said. It also added that the notice from VCPL is based on a loan agreement it entered with NDTV founders Radhika and Prannoy Roy in 2009-10. However, an analyst cautioned about the already high price of NDTV stock. NDTV stock hit a new 52-week high for the second consecutive day on Wednesday.

नेशनल स्टॉक एक्सचेंज पर एनडीटीवी के शेयरों में 4.99% की उछाल आई। कंपनी के शेयरों ने 388.20 ...

New Delhi: With billionaire Gautam Adani launching a hostile takeover of NDTV, the Congress on Wednesday, August 24, alleged that the bid by a company owned ...

VCPL has exercised warrants to acquire 99.5% in RRPR,” it said. An Adani Group firm first acquired a company that in the past was linked to rival billionaire Mukesh Ambani. Ironical, that an outfit called ‘Vishvapradhan’ is closely involved!” Ramesh said in another tweet.

बाजार खुलते ही एनडीटीवी के शेयरों पर अपर सर्किट लग गया। एनएसई पर इस समय केवल बायर ही दिख ...

अडानी के दांव के बाद एनडीटीवी के शेयर भर रहे उड़ान, लगा अपर सर्किट NDTV Share Price: अडानी के दांव के बाद एनडीटीवी के शेयर भर रहे उड़ान, खरीदारों की मची होड़, लगा अपर सर्किट [हिंदी न्यूज़](/) [बिजनेस](/business/)NDTV Share Price: अडानी के दांव के बाद एनडीटीवी के शेयर भर रहे उड़ान, खरीदारों की मची होड़, लगा अपर सर्किट

एनडीटीवी की कमान अब गौतम अडानी के हाथों में जाने वाली है। उन्‍होंने मीडिया फर्म में ...

साल 2021 में ही मीडिया कारोबार में क़दम रखने का एलान करने वाले अडानी समूह ने इस घोषणा से ...

प्रणॉय और राधिका ही आरआरपीआर के प्रोमोटर्स थे, इस कंपनी के पास एनडीटीवी के 29.18 फ़ीसदी शेयर थे. अडानी समूह ने इसी साल मार्च में डिजिटल बिज़नेस न्यूज़ प्लेटफ़ॉर्म क्विंटिलियन बिज़नेस मीडिया में 49 फ़ीसद हिस्सा ख़रीदा था. अन्य के पास कंपनी की 1.67 फ़ीसदी हिस्सेदारी है. एग्री ट्रेडिंग और पोर्ट्स से अपना कारोबार शुरू करने वाले गौतम अडानी इस साल सबसे अधिक संपत्ति अर्जित करने वाले अरबपतियों में शीर्ष पर हैं. एनडीटीवी ने बताया, "एनडीटीवी के संस्थापक और कंपनी ये स्पष्ट कर देना चाहते हैं कि वीसीपीएल ने क़र्ज़ को इक्विटी में बदलने के अधिकार का इस्तेमाल हमसे बातचीत और हमारी सहमति के बिना लिया गया है. समूह की तीन कंपनियां एएमएनएल और अडानी एंटरप्राइजेज़ लिमिटेड ओपन ऑफ़र में हिस्सा ख़रीदेंगी. यानी कुल मिलाकर उसका लक्ष्य एनडीटीवी में 55 फ़ीसदी हिस्सा ख़रीदना है. यानी कुल मिलाकर अडानी समूह का इरादा एनडीटीवी में मालिकाना हिस्सेदारी हासिल करने का है. इस क़र्ज़ के बदले वीसीपीएल को 29.18 फ़ीसदी रेहन में दिए गए थे. ये ओपन ऑफ़र 294 रुपये प्रति शेयर के भाव पर होगा, जो कि शेयर की मौजूदा क़ीमत से क़रीब 20 फ़ीसदी कम है. साल 2008-09 में उन्होंने आरआरपीआर (राधिका रॉय प्रणॉय रॉय) होल्डिंग्स प्राइवेट लिमिटेड के ज़रिये वीसीपीएल से क़र्ज़ लिया था. अडानी ने 100 फ़ीसदी हिस्सा तक़रीबन 114 करोड़ रुपये में ख़रीदा.

NDTV has said that Adani Group has acquired a stake in the company without “conversation… or consent” of the founders but the roots of the matter go back to ...

MOST READ RECOMMENDED VCPL had got the money from another company called Shinano Retail Private Limited in the form of another unsecured loan the same financial year. It is essentially a shell company with no assets apart from the warrants of RRPR Holdings. In lieu of the loan, it got warrants, which when exercised, would give VCPL almost 100 per cent ownership of RRPR Holding.

NDTV, one of the media groups willing to criticise Narendra Modi's government, faces hostile takeover by country's richest man.

That open offer price is at a 20.5% discount to NDTV’s Tuesday’s close of 369.75 rupees. But the proposed NDTV transaction marks Adani’s highest-profile media bet to date. “The NDTV founders and the company would like to make it clear that this … Guatam Adani is a strong ally of Modi, who has been known to fly on Adani corporate jets. “[NDTV] was unabashedly pro-Congress and anti-BJP,” said author and media entrepreneur, Minhaz Merchant. [said on Tuesday](https://www.adani.com/Newsroom/Media-Release/AMG-Media-Networks-Limited-AMNL-to-indirectly-acquire-2918-stake-in-NDTV-and-launch-Open-Offer) that it will be acquiring a 29.18% stake in NDTV in a complex deal involving one of the network’s investors.

One of the nation's most popular news organisations, NDTV said the bid came without the consent of its founders.

Other than Ambani, the other big player is Times Group which runs many news channels and newspapers. NDTV was founded by one of India’s most famous TV news personalities, Prannoy Roy, and his wife in 1988. But the proposed NDTV transaction marks Adani’s highest-profile media bet to date. It operates three national channels: NDTV 24×7 in English, NDTV India in Hindi and a business news channel. He is not connected to the situation. One of the nation’s most popular news organisations, NDTV said the bid came without the consent of its founders.

NDTV was India's first private producer of news and current affairs shows. Founded by Radhika Roy and Prannoy Roy, it was incorporated on September 8, 1988, ...

In 2007, the company launched India's first English city channel NDTV MetroMation. Over the years, the company has received several awards, including India's Most Trusted TV Media Brand in 2016. [news](/category/companies-news-1010101.htm) since Tuesday evening after the [news](/category/companies-news-1010101.htm) of its acquisition by the [Adani Group](/topic/adani-group) broke. This became a landmark in the history of India's TV. In 1989, it produced The World This Week, a weekly bulletin that brought news from around the world to Doordarshan. In 1998, it became India's first 24-hour channel in alliance with Star.

Explained: जानिए क्यों गौतम अडानी के टेकओवर की कोशिशों के बाद NDTV के शेयर में आया बंपर उछाल? NDTV ...

एनडीटीवी का कहना है कि वीपीसीएल ने कंपनी या फिर उसके प्रोमोटर्स से चर्चा किए बगैर वारंट के जरिए अपने अधिकार का इस्तेमाल करते हुए आआरपीआर होल्डिंग प्राइवेट लिमिटेड में 99.50 फीसदी हिस्सेदारी खरीदने की कोशिश की है. इसी के साथ अडानी समूह ने 294 रुपये प्रति शेयर के भाव पर एनडीटीवी में 26 प्रतिशत अतिरिक्त हिस्सेदारी खरीदने के लिए 493 करोड़ रुपये की खुली पेशकश की है. जो कि बुधवार के एनडीटीवी के शेयर के भाव से 24 फीसदी के करीब कम है. यह वेबसाइट कुकीज़ या इसी तरह की तकनीकों का इस्तेमाल करती है, ताकि आपके ब्राउजिंग अनुभव को बेहतर बनाया जा सके और व्यक्तिगतर तौर पर इसकी सिफारिश करती है. अडानी समूह ने NDTV में 29य19% हिस्सेदारी खरीद ली है और 26 फीसदी हिस्सेदारी खरीदने के लिए ओपन ऑफर लाने की तैयारी में है. जानकारों का मानना है कि अडानी समूह द्वारा एनडीटीवी के टेकओवर की कोशिशों से रिटेल निवेशकों का फायदा हो सकता है. कंपनी ओपेन ऑफर के जरिए 294 रुपये प्रति शेयर के भाव पर 26 फीसदी हिस्सेदारी खरीदना चाहती है. हालांकि जानकारों को ये भी लगता है कि आने वाले दिनों में लंबी कानूनी लड़ाई की शुरूआत हो सकती है. जबरदस्त खऱीदारी के शेयर में 5 फीसदी का उछाल आ गया और शेयर में अपर सर्किट लग गया. वीपीसीएल के पास इस वॉरंट को 99.9 प्रतिशत हिस्सेदारी में बदलने का अधिकार है. मंगलवार को एनडाटीवी का शेयर 369 रुपये पर क्लोज हुआ था और फिलहाल 5 फीसदी की तेजी के साथ शेयर 388.20 रुपये पर ट्रेड कर रहा है. जबकि एक साल पहले शेयर 71 रुपये पर ट्रेड कर रहा था.

RRPR Holding was owned by Radhika Roy and Prannoy Roy. Mukesh Ambani, Gautam Adani: Gautam Adani-led Adani Group, a conglomerate with diverse business interests ...

If these two sets of investors sell their shares in the open offer, it would take Adani Group’s shareholding in NDTV to over 46 per cent. The Roys continue to hold 32.26 per cent stake in NDTV. Subsequent to VCPL’s acquisition for Rs 113.75 crore, the Adani Group announced an open offer for buying another 26 per cent stake. Since September 2020, four shareholders who have interlinked directors, cumulatively own 7.11 per cent in NDTV. Though the Roys hold more than the Adani Group in NDTV as of now, market experts said the business conglomerate holds an edge. RRPR holds 29.18 per cent stake in NDTV.

Business tycoon Gautam Adani is planning to acquire majority of stakes of NDTV channel, that has become a buzz in the news industry. Know how, Adani family ...

अडानी ग्रुप ने हाल ही में अपनी मीडिया कंपनी एएमजी मीडिया नेटवर्क्स बनाई है.

इसके लिए विश्वप्रधान कमर्शियल प्राइवेट लिमिटेड ने 10 रुपये प्रति शेयर की दर से आरआरपीआर होल्डिंग को 1.99 करोड़ रुपये ट्रांसफर कर दिया है. एनडीटीवी में आरआरपीआर होल्डिंग की 29.18 फीसदी हिस्सेदारी है, जिसका अधिग्रहण विश्वप्रधान कमर्शियल प्राइवेट लिमिटेड करने जा रही है. एएमजी मीडिया ने ओपन ऑफर के तहत एनडीटीवी के शेयर की कीमत 294 रुपये तय की है, जो मंगलवार की क्लोजिंग प्राइस से 19 फीसदी कम है. विश्वप्रधान कमर्शियल प्राइवेट लिमिटेड ने 12 साल पहले एनडीटीवी की एक प्रमोटर कंपनी आरआरपीआर होल्डिंग प्राइवेट लिमिटेड (RRPR Holding Pvt Ltd) को कर्ज दिया था. दरअसल अडानी ग्रुप के द्वारा एनडीटीवी को खरीदे जाने की खबर कुछ ही महीने पहले सामने आई थी और उसके बाद से एनडीटीवी के शेयरों में बंपर तेजी का दौर देखने को मिल रहा है. दरअसल अडानी समूह की एक कंपनी ने मंगलवार को ऐलान किया कि वह मीडिया कंपनी नई दिल्ली टेलीविजन लिमिटेड (New Delhi Television Ltd) के 29.18 फीसदी शेयर को अप्रत्यक्ष तरीके से खरीदने वाली है.

The existing promoter group (Roy family) of NDTV has claimed Adani group firms had acquired the stake without consulting its promoters, thus, there may be ...

The acquisition is in line with Adani group's intent to foray into media and stake acquisition in Quint, recently, ICICI Securities said in a note. The open offer for 26 per stake in NDTV, according to the document released to the stock exchanges on Tuesday evening, has been valued at Rs 493 crore. VCPL, along with AMNL & AEL (persons acting in concert), will launch an open offer to acquire up to 26 per cent stake in NDTV, in compliance with the requirements of the SEBI’s (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, the company said. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. [Adani group](/topic/adani-group) firms had acquired the stake without consulting its promoters. As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. [NDTV](/topic/ndtv) has zoomed nearly 140 per cent, as compared to 8 per cent rise in the S&P BSE Sensex. The notice from VCPL is based on a loan agreement it entered with NDTV founders Radhika and Prannoy Roy in 2009-10. VCPL has exercised warrants to acquire 99.5 per cent stake in RRPR. The company was recently incorporated to set up a credible next generation media platform with emphasis on digital and broadcast segments, amongst others. AMG Media Networks Limited (AMNL’s) wholly owned subsidiary Vishvapradhan Commercial Private Limited (VCPL) holds warrants of RRPR Holding Private Limited (RRPRH) entitling it to convert them into 99.99 per cent stake in RRPR. In comparison, the S&P BSE Sensex was up 0.12 per cent at 59,099 points.

More than a decade ago, NDTV founders Radhika and Prannoy Roy took a 4 billion Indian rupees ($50 million) loan from VCPL, and in exchange issued warrants ...

Laying out its plan, the Adani Group said the open offer will be at 294 rupees per NDTV share for a total consideration of up to $62 million. Internally, an NDTV memo referred to the move as “entirely unexpected.” [Adani Enterprises moves to acquire NDTV in a hostile takeover bid; to launch open offer to buy 26% stake](https://www.financialexpress.com/industry/adani-enterprises-moves-to-acquire-ndtv-in-a-hostile-takeover-bid-to-launch-open-offer-to-buy-26-stake/2641453/) Those warrants were convertible at any time. [Adani Enterprises moves to acquire NDTV in a hostile takeover bid; to launch open offer to buy 26% stake](https://www.financialexpress.com/industry/adani-enterprises-moves-to-acquire-ndtv-in-a-hostile-takeover-bid-to-launch-open-offer-to-buy-26-stake/2641453/?utm_source=fe&utm_medium=article1&utm_campaign=relatedstories) [Gautam Adani ](https://www.financialexpress.com/about/gautam-adani/)unveiled plans for his firm to control a majority stake in [New Delhi Television](https://www.financialexpress.com/market/stock-market/new-delhi-television-ltd-stock-price/?utm_source=fe_Story&utm_medium=fe_Tags&utm_campaign=referral) (NDTV) on Tuesday, it was the stealth approach in executing the transaction that drew most attention in the news industry.

Shares of New Delhi Television Ltd (NDTV) jumped to hit the upper circuit level of 5% on the BSE to hit a 52-week high of ₹384 apiece in Wednesday's ...

Trading at P/E multiple of 28.5x - nearly 50% higher than industry average of 18.6x.

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NDTV's public shareholders are unlikely to tender shares to Adani on the proposed open offer price of ₹294, say proxy advisory firms. With the NDTV shares ...

However, Gupta notes that while the promoters could potentially file an open offer of their own to counter Adani’s takeover attempts, Adani at a 29 per cent stake has every incentive to put a counter to the promoter’s attempts as well. However, Adani may still be able to acquire a nearly 50 per cent stake in NDTV even if the open offer fails by buying oyt stakes held by institutional investors and other private shareholders who may have indorect links with Adani group. Speaking with BusinessLine, Shriram Subramanian, MD of InGovern Research Services, a corporate governance advisory firm, said, “Shareholders are unlikely to tender their shares at ₹294, as shares are trading upwards of ₹380 at the moment. NDTV’s public shareholders are unlikely to tender shares to Adani on the proposed open offer price of ₹294, say proxy advisory firms. Market watchers said that these could be indrectly linked to the Adani group. This was after Adani made a hostile bid to control NDTV by acquiring a 29.18 per cent stake in NDTV through a company called (VCPL), which has lent ₹403 crore to NDTV’s founder promoters, Prannoy Roy and Radhika Roy.

On Tuesday the Adani group announced it had exercised rights to acquire an indirect stake of 29.18 per cent in the company.

More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world.

When India's richest man Gautam Adani unveiled plans for his firm to control a majority stake in New Delhi Television (NDTV) on Tuesday, it was the stealth ...

Laying out its plan, the Adani Group said the open offer will be at 294 rupees per NDTV share for a total consideration of up to $62 million. The regulator has mandated that all loans go directly from regulated entities to customer accounts, eliminating the role of payment aggregators in these transactions. Adani Group's takeover bid is without NDTV's consent, the news organisation said in a statement hours after the announcement. An Adani Group company has acquired 29.18% in Radhika and Prannoy Roy-promoted New Delhi Television (NDTV) after converting warrants in a promoter group firm.On Tuesday, the company also announced an open offer to buy an additional 26% in NDTV in accordance with Sebi’s takeover rules. Those warrants were convertible at any time. [Radhika](/topic/radhika)and Prannoy [Roy](/topic/roy)took a 4 billion Indian rupees ($50 million) loan from VCPL, and in exchange issued warrants that allowed the company to acquire a 29.18% stake in the news group.