Events & Expos

India’s NDTV says Prannoy, Radhika Roy resigned as directors of promoter group

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Nov 29 (Reuters) – New Delhi Television Ltd (NDTV.NS) founders Prannoy Roy and Radhika Roy have resigned as directors of promoter group vehicle RRPRH with immediate effect, the company said in a regulatory filing.

NDTV had said on Monday an entity backed by the founders had issued shares of the company to a unit of Adani Group, taking the billionaire Gautam Adani-led conglomerate a step closer to control of the media firm.

Reporting by Kanjyik Ghosh in Bengaluru; Editing by Krishna Chandra Eluri

Our Standards: The Thomson Reuters Trust Principles.

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