Adani group acquires NDTV founders’ 27.26% equity stake

The Adani Group on Friday said it has acquired 27.26 per cent equity stake in NDTV NSE 1.92 % from Prannoy Roy and his wife Radhika Roy — founders of the news broadcaster. “RRPR, an indirect subsidiary of the company and member of the promoter/promoter group of NDTV, has acquired a 27.26 per cent equity stake in NDTV from Prannoy Roy and Radhika Roy by way of inter-se transfer…,” said a regulatory filing from Adani Enterprises NSE 1.25 %.