New Delhi, Dec 23 NDTV founders Prannoy Roy and his wife Radhika Roy on Friday said they will sell 27.26 per cent out of their remaining 32.26 per cent shareholding in the news broadcaster to Adani Group.
This follows Adani Group becoming the single largest shareholder in New Delhi Television Ltd (NDTV) after first buying out a company backed by the founders and then acquiring more shares from the open market.
“Consequently, with mutual agreement we have decided to divest most of our shares in NDTV to (Adani Group firm) AMG Media Network,” the founders said in a statement to stock exchanges.
NDTV founders to sell most of their stake in broadcaster to Adani Group added by Press Trust of India on
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