NDTV promoter RRPR Holding writes to SEBI on warrant conversion by Adani group company

New Delhi Television Ltd NSE 5.00 % (NDTV NSE 5.00 %) promoters’ investment company RRPR Holding Private Ltd has written to markets regulator SEBI on the conversion of warrants issued to Adani group’s Vishvapradhan Commercial Private Ltd.

In a regulatory filing on Monday, NDTV said the founders Radhika and Prannoy Roy have informed the company that RRPR Holding has written to Securities and Exchange Board of India (SEBI) on Sunday to determine whether the regulator’s order of November 27, 2020 restricts conversion of warrants issued to Vishvapradhan Commercial into equity.