New Delhi Television Limited (NDTV) on Thursday informed the stock exchanges that its promoters are barred from accessing the securities market until November 26, 2022, and thus Adani Group would require the market regulator Securities and Exchange Board of India (SEBI) approval to buy a stake in the news channel company.

In a regulatory filing to the stock exchanges on Thursday, New Delhi Television Limited said "NDTV has, in the matter of the public announcement dated August 23, 2022 by Vishvapradhan Commercial Private Limited (proposed Acquirer) along with AMG Media Networks Limited (PAC 1) and Adani Enterprises Limited (PAC 2) in New Delhi Television Limited (Target Company), under the SEBI (SAST) Regulations, 2011 (as amended), of the proposed open offer notified the proposed Acquirer that: 1. In view of directions in force vide order dated November 27, 2020, of the Securities and Exchange Board of India (SEBI), restraining the Founder-Promoters Prannoy Roy and Radhika Roy from accessing the securities market, and further prohibiting buying, selling, or otherwise dealing in securities, directly or indirectly, or being associated with the securities market in any manner whatsoever."