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NDTV issues statement amid Adani takeover rumours, says not in discussions

Amid the takeover rumours, the shares of NDTV on Monday jumped 10 per cent to their highest trading permissible limit on Monday

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NDTV founder Prannoy Roy

NDTV founder Prannoy Roy

Amid rumours that the Adani Group may acquire NDTV, the media company issued a statement, saying that promoters "are not in discussions now".

“NDTV Limited is not in discussions now, nor has been, with any entity for a change in ownership or a divestment of any sort. Founder-promoters, Radhika and Prannoy Roy, who are both journalists, own 61.45 percent of the Company and remain in control of it,” the company said in the statement issued on Monday evening.

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