Tue. Dec 6th, 2022

NEW DELHI: NDTV shareholders offered nearly 28 lakh shares under the Adani group’s open offer at the end of the third day on Thursday.
The Adani group’s open bid to acquire an additional 26 percent stake in media company New Delhi Television (NDTV) began on Tuesday.
According to BSE data, a total of 27,72,159 NDTV shares Shareholders offered 16.54 percent of the offer size before 4 p.m. Thursday.
Adani’s offer price is Rs 294 per share, while NDTV shares settled at Rs 368.40 on Thursday, 25.3 percent higher than the offer price.
In the past three months, NDTV shares peaked at Rs 540.85 on 5 September 2022.
The offer closes on December 5th, a notice from JM…

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