No Change In Control, No Talks About Sale: NDTV

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New Delhi Television (NDTV) share price touched a 52-week high of Rs 87.60 and locked at 10 percent upper circuit on September 21 despite the company clarifying on a news report about buyout by Adani Group.

".... has clarified that its promoters are not in discussions now, nor have been, with any entity for a change in ownership or a divestment of their stake in NDTV," the company said in the clarification on the exchanges.


Founder-Promoters of the company, Radhika and Prannoy Roy, who are both journalists, are not in discussions now, nor have been, with any entity for a change in ownership or a divestment of their stake in NDTV.

They individually and through their company, RRPR Holding Private Limited, continue to hold 61.45% of the total paid-up share capital of NDTV

 
New Delhi Television (NDTV) share price touched a 52-week high of Rs 87.60 and locked at 10 percent upper circuit on September 21 despite the company clarifying on a news report about buyout by Adani Group.

".... has clarified that its promoters are not in discussions now, nor have been, with any entity for a change in ownership or a divestment of their stake in NDTV," the company said in the clarification on the exchanges.


Founder-Promoters of the company, Radhika and Prannoy Roy, who are both journalists, are not in discussions now, nor have been, with any entity for a change in ownership or a divestment of their stake in NDTV.

They individually and through their company, RRPR Holding Private Limited, continue to hold 61.45% of the total paid-up share capital of NDTV


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They already have said in their filing that it is baseless speculation
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