The Income Tax Department has attached the entire 29.12 per cent shareholding of RRPR Holding Pvt Ltd in NDTV Ltd, the media house said in a filing to the stock exchanges.
RRPR Holding Pvt Ltd which is the largest promoter group company in New Delhi Television Ltd comprises 18.81 million of equity shares.
However, the company did not share the details of the issue over with the Income Tax Department attached the shares of RRPR Holding Pvt Ltd it added in the filing, “RRPR is in the process of seeking legal advice to take appropriate action in the said matter.”
NDTV in trouble again, Tax Dept attaches entire shares of promoter group RRPR
