Saturday, November 26, 2022

RRPR

IT dept should clarify on Adani group’s loan conversion: NDTV founders

Takeover target company New Delhi Television Ltd’s (NDTV) two founders—Prannoy Roy and Radhika Roy—and their investment vehicle RRPR Holding Pvt Ltd have told the former that the Income Tax Department nod/ clarification is needed for conversion of warrants into...

Adani group rejects NDTVs assertion of sebi nod

Adani group on Friday rejected NDTV’s assertion that Sebi’s approval is necessary to acquire interests in RRPR, saying the promoter entity is not a part of the regulator’s order that restrained Prannoy and Radhika Roy from accessing the securities...

AMNL to indirectly acquire 29.18% stake in NDTV

Adani media arm AMG Media Networks Ltd’s (AMNL) wholly-owned subsidiary VCPL, which holds warrants of NDTV’s promoter group company RRPR Holding Private Ltd (RRPR), entitling it to convert them into 99.99 per cent stake in RRPR, has exercised the...