Rumors related to Ravish Kumar, and several other journalists of the TV news channel were floating on the internet soon after the news of Adani’s indirect acquisition of the channel broke out.
Senior NDTV journalist, Ravish Kumar has taken on Twitter to clear the air surrounding his resignation.
“Honorable audience, The news of my resignation is just like the rumor that Prime Minister Narendra Modi has agreed to give me an interview and Akshay Kumar is waiting for me at the gate with Bombay mangoes”, Ravish Kumar said.
“Yours, ravish Kumar, The world’s first and most expensive zero TRP anchor”, he added.
माननीय जनता,
मेरे इस्तीफ़े की बात ठीक उसी तरह अफ़वाह है, जैसे प्रधानमंत्री नरेंद्र मोदी मुझे इंटरव्यू देने के लिए तैयार हो गए हैं और अक्षय कुमार बंबइया आम लेकर गेट पर मेरा इंतज़ार कर रहे हैं।
आपका,
रवीश कुमार,
दुनिया का पहला और सबसे महँगा ज़ीरो टीआरपी ऐंकर— ravish kumar (@ravishndtv) August 24, 2022
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Rumors related to Ravish Kumar, and several other journalists of the TV news channel were floating on the internet soon after the news of Adani’s indirect acquisition of the channel broke out.
The AMG Media Networks Limited, a subsidiary of the Adani group, will acquire a 29.18% stake in New Delhi Television Ltd (NDTV) and launch an open offer for another 26% stake in the media house, the Adani Group’s statement read.
Adani entities made a ₹493-crore open offer for a 26% stake in NDTV at ₹294 per share. The media company’s shares closed 5% higher today at ₹376.55 apiece.
The top conglomerate will launch an open offer to acquire up to a 26% stake in the news channel, in compliance with the requirements of the SEBI’s (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Meanwhile, Hours after Adani group’s AMG Media Network Limited (AMNL) announced that it has indirectly acquired 29.18% stakes in NDTV, the television network issued a statement. It has been said the move was made without any discussion with the promoters of the company. NDTV said that neither was their consent sought nor were they served any notice.
In its statement, the network said, “Without any further discussion with New Delhi Television Limited (NDTV) or its founder-promoters, Radhika & Prannoy Roy, a notice has been served to them by Vishwapradhan Commercial Private Limited (VCPL), stating that it has acquired control of RRPR Holding Private Limited (RRPRH). This company owns 29.18 percent shares of NDTV. RRPRH has been given two days to transfer all its equity shares to VCPL.
The rights exercised by VCPL are based on the loan agreement it entered into with Radhika and Prannoy Roy, the founders of NDTV, in the year 2009-10.”
The statement further says, “NDTV’s Founders and Company would like to clarify that this exercise of rights by VCPL has been done without any input, negotiation, or consent of the NDTV’s founders and that NDTV’s Founders shall be made aware of this exercise of rights as of NDTV today has been found. Recently, only yesterday, NDTV had informed the stock exchanges that there has been no change in the shareholding of the founders.”
“NDTV has never compromised on its core work, that is, its journalism. We still stand proudly with the same journalism,” it added.
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