Business

NDTV Founders Resigned As Directors Of  RRPR Holding Private Limited

Prannoy Roy and Radhika Roy, NDTV’s founders, have resigned as directors of RRPR Holding Private Limited, the news channel said in a regulatory filing to the Bombay Stock Exchange on Tuesday.

The promoter firm for NDTV is RRPR Holding Private Limited. The Adani Group stated in August that it would buy a 29.18% share in the promoter business, Radhika Roy Prannoy Roy Holding Private Limited.

On August 23, Adani Enterprises’ wholly-owned subsidiary, AMG Media Networks Limited, purchased 100% of the equity holdings in Vishvapradhan Commercial Private Limited, or VCPL, for Rs 113.74 crore.

Later that month, the Adani Group stated that it would acquire a 29.18% share of NDTV via VPCL. NDTV has then stated that the takeover was done without their consent.

However, The Roys still hold a 32.26% stake in NDTV as promoters and have not resigned from the board of the news channel.

NDTV also said in the filing that RRPR Holding has approved the appointment of Sudipta Bhattacharya, Sanjay Pugalia, and Senthil Sinniah Chengalvarayan as directors of the board.

Pugalia is the chief executive officer and editor-in-chief of media initiatives at Adani Group.

“NDTV’s promoter group vehicle RRPRH has approved Prannoy Roy & Radhika Roy’s resignation following a meeting held on 29 November, the statement read.

“RRPRH has approved Sudipta Bhattacharya, Sanjay Pugalia and Senthil Sinniah Chengalvarayan as new directors on the Board with immediate effect,” the statement added.

The resignation comes a day after NDTV said an entity backed by the founders had issued shares to a unit of Adani Group, taking the billionaire Gautam Adani-led conglomerate a step closer to taking over the media firm.

NDTV, founded in 1988 and owned by husband-and-wife team Prannoy Roy and Radhika Roy, had previously said the takeover move “was executed without any input from, conversation with, or consent of the NDTV founders.”

Spriha Rai

Recent Posts

Hina Khan Hails 11 Years Of PM Modi’s Leadership; Highlights National Progress

As the nation marks 11 years under PM Modi's leadership, actress Hina Khan shares her…

2 hours ago

Subhash Ghai Hails PM Modi’s Transformative Vision For India

Subhash Ghai has praised PM Narendra Modi’s leadership for catalysing India’s growth and changing the…

2 hours ago

India & Central Asia Boost Rare Earth Cooperation At Delhi Meet

India and five Central Asian nations have agreed to deepen cooperation on rare earths and…

3 hours ago

PM Modi’s Beej Se Bazaar Tak Vision Reshapes Indian Agriculture

Prime Minister Modi has redefined Indian agriculture with the ‘Beej Se Bazaar Tak’ vision, transforming…

4 hours ago

EV Sales Cross 4% Mark In May; Signalling Steady Shift To Green Mobility

EV sales topped 4% of passenger vehicle retail in May 2025, signalling growing demand for…

4 hours ago

Self-Reliant Defence Industry Marks India’s Strategic Security Ascent

One year into Modi 3.0, reforms have reduced poverty, strengthened defence, and accelerated the digital…

4 hours ago