New Delhi Television Limited — JV/Acquisition, 25-04-2025: Acquisition
25-04-2025 | 11:28 pm
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!
