Prannoy Roy, Radhika Roy resign as directors of NDTV
New Delhi: Founders and promoters of the news channel New Delhi Television (NDTV) Prannoy Roy and Radhika Roy resigned as directors of the RRPR Holding Private Limited board, the company said on Tuesday, in a regulatory filing to the stock exchanges.
The promoter group vehicle of NDTV, RRPR Holding holds 29.18 per cent stake in the news channel which is being taken over by the Gautam Adani-owned Adani Group, reports ANI.
Following a meeting on Tuesday, RRPRH has approved the resignation of the Roys. Sudipta Bhattacharya, Sanjay Pugalia and Senthil Sinniah Chengalvarayan will be the new directors with immediate effect, the company statement said.
Up to 99.5 per cent of the equity shares of RRPRH was acquired in August this year by Vishvapradhan Commercial Private Limited, a subsidiary of AMG Media Network Limited, which, in turn, is a subsidiary of the Adani Enterprises Limited. The Adani Group made an open offer to take 26 per cent stake in NDTV, thereby gaining 55.18 per cent stake, which would empower it to take over the news channel as owner.
The Roys hold up to 32.26 per cent stake in the news channel.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Davangere: Two policemen injured in stone pelting during Ganesha procession
Davangere: Reports state that two groups engaged in stone pelting at each other during Ganesha idol immersion ceremony in Davangere on Thursday. Two police personnel were injured in the incident.
Few days ago, two groups of youth engaged in verbal altercation regarding raising of a flag for Eid Milad celebration. On account of the clashes, police had heightened security for the Ganesha procession. Despite the additional security, stones were pelted at the procession, sources stated. Inspector Gururaj and constable Raghavendra were injured in the incident. The procession continued after the police brought the situation to control. However, the stone pelting resumed once again as the procession surged forwards.
Security has been tightened up in the area and all shops have been closed down by the police. The two police personnel, who were injured in the stone pelting, are undergoing treatment at a hospital.
