NDTV shares slump 3% as Adani Group's open offer gets underway1 min read . Updated: 22 Nov 2022, 11:33 AM IST
- NDTV promoters had contested the open offer and the acquisition of VCPL stake, asserting that the deal cannot go ahead without Sebi's nod as well as that of the Income Tax Department
MUMBAI: Shares of media company NDTV Ltd. fell over 3% on Tuesday in early deals as the Adani group launched an open offer to buy an additional 26% stake, or 1.67 crore shares, in the company. The offer price is 294 rupees, a discount of 23.07% from the last close.
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