NDTV Says There’s Been No Change In Ownership; refutes viral news

NDTV has informed the BSE that the promoters of the Company have not entered into any agreement for sale of their stake in the Company to any person.

The Company is mindful of its obligations under Clause 30 of the Listing Regulations of the BSE and shall promptly intimate it of any event required to be disclosed under the said regulations.

Earlier, a leading publication had claimed that Ajay Singh, co-founder and owner of SpiceJet who was part of the BJP’s 2014 poll campaign, had picked up majority holding in the news channel. When asked if NDTV has been sold to SpiceJet’s Ajay Singh, the source said, “Yes, the deal has been finalised and Ajay Singh will take control of NDTV along with editorial rights.”

(Source NDTV)

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