NDTV founders to divest majority stake to Adani Group
By
Biju Kumar
The founders of New Delhi Television NSE 2.71 % (NDTV NSE 2.71 %), Radhika Roy and Prannoy Roy, will divest majority of their stake in the company to Adani Group company AMG Media Network, they said in a release.
Following the recent open offer launched by the Adani Group, AMG Media Network is the single-largest shareholder in NDTV.