The Group commemorates 35 years of loyal service to India with a 100-second television commercial
NDTV made multiple unsuccessful attempts to thwart the acquisition, alleging regulatory limitations on transferring shares
The latest acquisition of the Roys' stake gives Adani Enterprises a 64.71 per cent stake in NDTV
NDTV traded 3 per cent higher at Rs 352.10, against a 0.84 per cent climb in the S&P BSE Sensex
Roys will retain a minority 5 per cent ownership stake in the news organisation
Prannoy Roy and Radhika Roy will now each own 15.94 per cent and 16.32 per cent of the company's shares
A total of 53.27 lakh shares of NDTV were acquired by Adani
The collaboration is done to optimise the reach of products using consumer-centric platform
The open offer by the Adani Group to buy an additional 26 per cent of NDTV's stock will begin today
The acquisition will be made through Vishvapradhan Commercial Private Limited (VPCL), a wholly owned subsidiary of AMG Media Networks Limited, owned by Adani Enterprises
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