According to a press release published by the Adani Group, NDTV will now have a new stakeholder with 29.18%. This new shareholder is none other than the Adani Group.
The co-founders, journalist Radhika Roy and economist Prannoy Roy have a controlling stake in the company, individually holding 16.32% and 15.95% of the shares respectively, and jointly holding an additional 29.18%.
Now NDTV will have the Adani group as a major stakeholder in the news and media outlet. However, according to the press release, the Adani group is buying the stake in the company indirectly.
An Indian news organization with an emphasis on broadcast and internet news publishing is called New Delhi Television Ltd. The business is regarded as a heritage brand in India that helped establish independent news broadcasting. It is also recognized for establishing the first 24-hour news channel and the first lifestyle channel in the nation.
Here is a copy of the press release :
