Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Mar 14, 2023

NDTV Shares Revised Shareholding Pattern With Government, Says I&B Minister

NDTV Shares Revised Shareholding Pattern With Government, Says I&B Minister
In this photo illustration, the Indian media news company logo, NDTV, is seen displayed on a mobile phone screen. (Source: Reuters)
STOCKS IN THIS STORY
Nifty MidSmall India Consumption
--

Ministry of Information and Broadcasting has shared the revised shareholding pattern and the names of proposed new directors of NDTV for security clearance with the Union home ministry, the Lok Sabha was informed on Tuesday.

Adani Group gained control of NDTV last year by acquiring 64.71% stake in the company.

Information and Broadcasting Minister Anurag Thakur, in a written reply in the Lok Sabha, said M/s New Delhi Television Ltd. has intimated the ministry regarding change of its shareholding pattern in compliance with Clause 29 of the Policy Guidelines for Uplinking and Downlinking of Television Channels in India, 2022.

"This ministry has shared the revised shareholding pattern of the company with the Ministry of Home Affairs for security clearance," he said, responding to a question from Congress member Manish Tewari.

"Further, M/s NDTV has also submitted the details of its proposed new directors to this ministry. The list of the proposed new directors as submitted by M/s NDTV has been sent for security clearance from the Ministry of Home Affairs, which is awaited," Thakur said.

Disclaimer: Adani Enterprises is in the process of acquiring a 49% stake in Quintillion Business Media Ltd., the owner of BQ Prime.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search