Business Standard

Radhika, Prannoy Roy resign from NDTV promoter firm RRPR Holding's board

NDTV had previously said the takeover move "was executed without any input from, conversation with, or consent of the NDTV founders"

NDTV logo. Photo: Wikimedia Commons
Premium

Photo: Wikimedia Commons

Reuters New Delhi
New Delhi Television Ltd said late on Tuesday founders Radhika Roy and Prannoy Roy had resigned as directors on the board of the promoter group vehicle RRPR Holding Private Ltd.

The resignation comes a day after NDTV said an entity backed by the founders had issued shares to a unit of Adani Group, taking the billionaire Gautam Adani-led conglomerate a step closer to taking over the media firm.

NDTV, founded in 1988 and owned by husband-and-wife team Prannoy Roy and Radhika Roy, had previously said the takeover move "was executed without any input from, conversation with, or consent of the NDTV founders".

The

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 29 2022 | 11:38 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com