Adani acquired 29% stake in NDTV

News Desk, Guwahati, August 24: AMG Media Networks Limited (AMNL) of Adani Enterprises, indirectly acquired a 29.18 percent stake in New Delhi Television Ltd (NDTV). The TV channel said in a statement that the "exercise of rights by Vishvapradhan Commercial Private Limited (VCPL) was executed without any input from, conversation with, or consent of the NDTV founders." VCPL has exercised its rights based on a loan agreement it entered with NDTV founders Radhika and Prannoy Roy (RRPR) in 2009-10. NDTV had informed the stock exchanges that there was no modification in the shareholding of its founders.