dani Transmission and Adani Total Gas have been moved to the stage-II of long-term additional surveillance framework by the National Stock Exchange from stage-I. The move will be effective from Monday, read a circular of the exchange. Earlier this week, the exchange had moved Adani Green Energy and New Delhi Television to the stage-II surveillance … Read more
Ltd informed the bourses on Tuesday evening that it had been informed by the promoter group entity RRPR Holding Pvt Ltd of Prannoy Roy and Radhika Roy’s resignation as directors. In a regulatory filing on Monday, NDTV said that RRPR had issued 99.5% of its shares to the Adani Group, giving the latter a 29.18% … Read more
Adani Group has already found investors willing to sell 5.3 million shares of the Indian broadcaster — or roughly a third of the entire open offer size — despite the deep discount to the stock’s current level, bolstering the conglomerate’s hostile takeover bid. The category of corporate investors have tendered the most at 3.9 million … Read more
Investors in () have tendered 39.35 lakh shares of the company as of the fourth day of the open offer announced by the Adani Group. The shares submitted so far represent over 23% of the 1.68 crore shares that Adani must offer to buy from public stakeholders of the news broadcaster. The open offer, which … Read more