Technoglitch
Core Member
In response to the report, a statement was released to the Bombay Stock Exchange by NDTV and it states there has been no change in the ownership of the network.
“We have examined the factual position and would like to inform you that that there has been no change (actual or effective) in the control/ ownership of NDTV. The Promoters, i.e. Dr. Prannoy Roy, Mrs. Radhika Roy and RRPR Private Limited ("RRPR"), continue to hold the majority shareholding of NDTV which amounts to 61.45% of the total shareholding of NDTV. There has been no change in the above shareholding since August 2008. Further, Dr. Prannoy Roy and Mrs. Radhika Roy continue to hold the entire shareholding of RRPR since its incorporation.
Further, there has been no change in the exercise of voting rights by the Promoters with respect to their shareholding in NDTV. According to the records of NDTV, the voting rights in connection with the shares have throughout been exercised by the Promoters in the case of Dr. Prannoy Roy, Mrs. Radhika Roy and RRPR.
NDTV denies allegation of being controlled by the Ambani Group
“We have examined the factual position and would like to inform you that that there has been no change (actual or effective) in the control/ ownership of NDTV. The Promoters, i.e. Dr. Prannoy Roy, Mrs. Radhika Roy and RRPR Private Limited ("RRPR"), continue to hold the majority shareholding of NDTV which amounts to 61.45% of the total shareholding of NDTV. There has been no change in the above shareholding since August 2008. Further, Dr. Prannoy Roy and Mrs. Radhika Roy continue to hold the entire shareholding of RRPR since its incorporation.
Further, there has been no change in the exercise of voting rights by the Promoters with respect to their shareholding in NDTV. According to the records of NDTV, the voting rights in connection with the shares have throughout been exercised by the Promoters in the case of Dr. Prannoy Roy, Mrs. Radhika Roy and RRPR.
NDTV denies allegation of being controlled by the Ambani Group
