ALPHA TRIBE

New Delhi Television LimitedJV/Acquisition, 25-04-2025: Acquisition

25-04-2025 | 11:28 pm

New Delhi Television Limited (NDTV) has completed the acquisition of a total of 4,178 equity shares in NDTV Convergence Limited (NCL), representing a 6.26% stake, from NDTV Networks Limited (NNL). Additionally, NDTV acquired 23 equity shares in NNL from a minority shareholder, amounting to a 0.039% stake, at a price of ₹1,242 per share. This strategic move is aimed at strengthening NDTV's ownership and operational control in its subsidiaries, potentially enhancing its market position and driving future growth.

No comments yet. Be the first to comment!

All announcements from New Delhi Television Limited