Promoter Radhika and Prannoy Roy denies reports about divestment of their 61.45 percent stake in NDTV

Amid rumours, Promoter Radhika and Prannoy Roy denies reports about divestment of their 61.45 percent stake in NDTV.

The company said, “We have been asked by a journalist at a business newspaper to comment on whether the founder/promoters of New Delhi Television Limited (NDTV) are selling their stake in NDTV held through RRPR Holding Private Limited”.

NDTV

NDTV have clarified to the journalist in writing that this is a baseless rumour, and that Radhika and Prannoy Roy are not in discussions now, nor have been, with any entity for a change in ownership or a divestment of their stake in NDTV. They individually and through their company, RRPR Holding Private Limited, continue to hold 61.45% of the total paid-up share capital of NDTV.