New Delhi Tv Ltd. founders Prannoy Roy and Radhika Roy have resigned from the board of promoter entity RRPR Holding.
The board of RRPR Holding additionally authorized the appointment of Sudipta Bhattacharya, Sanjay Pugalia and Senthil Sinniah Chengalvarayan as administrators with speedy impact, in response to the media firm’s change submitting on Tuesday.
Adani Group-controlled Vishvapradhan Business Pvt. has gained management of NDTV’s promoter entity. On Monday, RRPR Holding issued fairness shares constituting 99.5% of its fairness share capital to VCPL.
Adani Enterprises Ltd. had confirmed in a separate submitting that VCPL has obtained a letter from RRPR Holding confirming challenge of fairness shares constituting 99.5% stake.