‘No Sebi nod needed for NDTV stake’: Adani Group hits back at media channel’s promoters

NEW DELHI: As the corporate battle hots up between the promoters of NDTV and that of Adani Enterprises (AEL) over the control of the media group, AEL on Friday said NDTV doesn’t need the Securities and Exchange Board of India’s (Sebi’s) nod to transfer the shares of its promoter entity — RRPR Holdings — to VCPL, which is now owned by the Adani group.