Adani offer for NDTV stake gets tepid response
By
Biju Kumar
NEW DELHI: The open offer by the Adani Group to acquire a majority stake in New Delhi Television (NDTV) didn’t turn out to be a great success as only 53.3 lakh shares or 32% of the offered size (1.68 crore shares) were tendered by existing shareholders by the end of the closing day i.e December 5, 2022.