NDTV co-founder Prannoy Roy, wife steps down as NDTV directors
First Published: 30th November, 2022 15:00 IST
Prannoy Roy and his wife Radhika Roy, founders and promoters of NDTV, resigned as directors of the Board of RRPR Holding Private Limited
Prannoy Roy and his wife Radhika Roy, founders and promoters of channel New Delhi Television (NDTV), resigned as directors on the Board of RRPR Holding Private Limited, a promoter group vehicle of NDTV, the company said in a regulatory filing to the stock exchanges on Tuesday.
RRPR Holding, the promoter group vehicle of NDTV, holds 29.18 per cent stake in NDTV, which is being taken over by the Adani group, owned by businessman Gautam Adani.
“NDTV’s promoter group vehicle RRPRH has approved Prannoy Roy & Radhika Roy’s resignation following a meeting held on November 29, the statement read.
Also Read : Singer Daler Mehndi’s 1.5 Acre Gurugram Farmhouse Sealed, Illegally Constructed, Say Authorities
“RRPRH has approved Sudipta Bhattacharya, Sanjay Pugalia & Senthil Sinniah Chengalvarayan as new directors on Board with immediate effect,” the statement added.
Earlier in August this year, Vishvapradhan Commercial Private Limited (VCPL), a wholly owned subsidiary of AMG Media Networks Limited (AMNL) which is a 100 per cent subsidiary of Adani Enterprises Limited (AEL), exercised the rights and acquired 99.5 per cent of the equity shares of RRPR Holding Private Limited, a promoter group company of NDTV.
Following this, Adani Group decided to make an open offer to acquire the next 26 per cent state stake in NDTV, which will take the group’s total stake to 55.18 per cent, enough to take the ownership right of NDTV.
Earlier in October, the Adani Group informed both exchanges, BSE and NSE, that its indirect subsidiary, Vishvapradhan Commercial Pvt Limited (VCPL), had made an open offer to the public shareholders of New Delhi Television Ltd. However, the Roys hold a 32.26 per cent stake in NDTV. (ANI)
COMMENTS
TOPMOST STORY NOW
Live Brother of BSF Jawan Deepak Chingakham Who Died in Cross-Border Firing by Pakistan in Jammu Appointed ASI in Manipur Police on Compassionate Grounds
11th July 2025
Live Maikhuli Villagers Protest MoU Over Assam-Meghalaya Border, Demand Return of Fishery
11th July 2025
Live Chhangur Baba Received Rs 500 Crore in Foreign Funds for Illegal Conversions: Anti-Terror Squad
11th July 2025
Live Taiwan Detects 9 Chinese Warships, 1 Aircraft Breaching ADIZ Amid Rising Tensions
11th July 2025
WE RECOMMEND
Shubhanshu Shukla Speaks to Students from Assam and Meghalaya from Space, Tells Them He Will Guide Them To Become Astronauts, Walk on the Moon
The Indian astronaut connected with the students using amateur (Ham) radio, making it a rare and inspiring moment.
11th July 2025
Space Menu Goes Desi: Gajar Ka Halwa Wins Over International Astronauts
The sweet surprise, specially developed for space consumption by ISRO and DRDO, was the centrepiece of a lively gathering aboard Axiom Mission 4.
11th July 2025
Is Another GLOF Ticking in Sikkim? South Lhonak Lake Once Again Placed in Highest Risk Category
The lake has now refilled to the same dangerous level, raising serious concerns
11th July 2025
Delhi HC stays release of Udaipur Files movie
The petitioners argued that the film's release could disturb communal harmony and pose a serious threat to public order, given the sensitive nature of the subject.
10th July 2025
Killed For Making Reels? State-Level Tennis Player Radhika Yadav Shot Dead by Father in Gurugram Home
Tennis Player Radhika Yadav: Police officials have confirmed that the father has been arrested and weapon used in the crime has been seized.
10th July 2025