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Dynamite News
Dynamite News
National
DN Bureau

Adani-NDTV tussle intensifies over stake acquisition

Adani-NDTV tussle intensifies over stake acquisition

New Delhi: Billionaire Gautam Adani-led Adani Group on Friday asserted that no prior approval was needed from market regulator SEBI to acquire 29 per cent stake in NDTV as stated by the media company founded and promoted by Prannoy Roy and Radhika Roy.

In a regulatory filing, Adani Group said that the contentions raised by RRPR, promoter group company of NDTV, are baseless, legally untenable and devoid of merit.

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