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Newsmaker: Clock clearly ticking for Prannoy Roy in NDTV ownership battle

On Tuesday the Adani group announced it had exercised rights to acquire an indirect stake of 29.18 per cent in the company

Newsmaker: Clock clearly ticking for Prannoy Roy in NDTV ownership battle
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On Tuesday the Adani group announced it had exercised rights to acquire an indirect stake of 29.18 per cent in the company

Viveat Susan Pinto Mumbai
Prannoy Roy, co-chairperson of New Delhi Television (NDTV), is known for his cool and measured style of anchoring, something that has held him and his network in good stead over nearly four decades, since the company was founded in 1984.

On Tuesday, a different side of NDTV and Roy emerged, as the Adani group announced it had exercised rights to acquire an indirect stake of 29.18 per cent in the company, which would trigger an open offer for an additional 26 per cent shareholding in the firm.

Roy, 72, was quick to respond. And he did so on the front

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First Published: Aug 24 2022 | 7:57 PM IST

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