The AMG Media Networks Limited, a subsidiary of the Adani group, will indirectly acquire a 29.18% stake in New Delhi Television Ltd i.e. NDTV and launch an open offer for another 26% stake in the media house, the Adani Group said in a statement. According to the reports, the acquisition of 29.18 percent stake will be indirect, as it will be made through Vishvapradhan Commercial Pvt Ltd, a wholly owned subsidiary of AMG Media Network Ltd, which is owned by Adani Enterprises Ltd.
#AdaniGroup #NDTV #NDTVStake
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