NDTV founders to sell most of their stake in broadcaster to Adani Group
Based on this price, the sale of 1.75 crore shares would fetch Roys around Rs 648 crore.
Adani open offer: Nearly 28 lakh NDTV shares tendered by Day 3
Adani's offer price is Rs 294 per share, while NDTV shares settled at Rs 368.40 on Thursday, which is 25.3 per cent higher compared to the offer price.
Adani group's Rs 493-cr open offer for NDTV to start from Tuesday
The offer, for which a price band of Rs 294 per share has been fixed, will open on November 22 and closes on December 5, said a notice by JM Financial.
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