Adani - NDTV takeover

Adani group’s Rs 493-cr open offer for NDTV to start from Tuesday

According to recent reports, Adani group’s open offer to acquire an additional 26 percent stake at New Delhi television begins on Tuesday. The offer will close on Decmber 5, and it involves 16.7 million shares at rupees 294 per piece. Read the entire article to learn more about this news piece.

About the offer

Recent reports suggest that on Frdiay, the directors of NDTV asked shareholders to carefully review the open offer because the share price was more than the open offer price. Pranoy Roy and Radhika Roy are promoters of NDTV. They directly hold 15.94 per cent and 16.32 per cent stakes respectively in the company. While foreign portfolio investors hold 14.72 per cent stake in the company, and individuals and other entities hold a total of 23.84 per cent stake in the firm.

About NDTV

For people who wish to know about NDTV,this article will give you all the information about it. NDTV is considered to be one of the most trusted and reliable sources for getting news in India. The company has earned a lot of respect and admiration all over the country. NDTV stands for New Delhi television and was brought to life by Prannoy Roy and Radhika Roy back in the year 1988. From then and now, the company has grown to a great extent and has also gained a lot of popularity. This channel is regarded to be one of the most interesting and reliable sources of information.

About Adani group

In simple words , Adani group is a business conglomerate that wants to make people’s lives better. The company has contributed a significant portion to India’s GDP. Therefore, the company is extremely important for India. Over the past years, the company has touched millions and that has encouraged it to achieve even more. The company also contributes to the welfare of the society. It makes sure that it contributes a significant amount of its profits towards the betterment of the society.

The company hires people who share the same ambition and zeal as them which is why this company is one of leading companies in the country. All the people that are hired share the same vision for the company and are hence able to work together to ensure the growth of the company. The company has its headquarters in Ahmedabad. In all these years that this company has been in the market, Adani has observed the market ways and has become a ,market leader in terms of transport logistics and energy utility.