May 16, 2024

Report Wire

News at Another Perspective

NDTV promoters search regulatory clarification on VCPL deal

1 min read

New Delhi Television stated early Monday that its promoter group has written to the market regulator asking it to make clear whether or not the regulator’s order in 2020 restricts conversion of warrants issued to Vishvapradhan Commercial Pvt Ltd (VCPL) into fairness shares.

Billionaire Gautam Adani’s conglomerate final week stated it was in search of to manage a majority stake in NDTV.

 

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