New Delhi Television said early Monday that its promoter group has written to India market regulator asking it to clarify whether the regulator's order in 2020 restricts conversion of warrants issued to Vishvapradhan Commercial Pvt Ltd (VCPL) into equity shares.
A microphone of New Delhi Television is placed on a tripod along a roadside in New Delhi, India, August 26, 2022. REUTERS/Adnan Abidisaid early Monday that its promoter group has written to India market regulator asking it to clarify whether the regulator's order in 2020 restricts conversion of warrants issued to Vishvapradhan Commercial Pvt Ltd into equity shares.
Indian billionaire Gautam Adani's conglomerate last week said it was seeking to control a majority stake in NDTV.Reporting by Nallur Sethuraman in Bengaluru; Editing by Neha Arora
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