NDTV tells BSE there’s no change in ownership

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NDTV has told the BSE that there’s no change in the ownership for the news channel.

A statement published on the BSE website said, ” With reference to your letter seeking clarification on the news item appearing on www.moneycontrol.com, we wish to inform you 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 and shall promptly intimate you of any event required which is required to be disclosed under the said Regulations. We hope that the above clarifies the matter raised in your aforesaid letter.”

This came amidst Indian Express report that the man who had coined Ab Ki Bar Modi Sarkar slogan during 2014 Lok Sabha elections for Narendra Modi was set to take over the channel with full control of editorial rights.

A top NDTV source too had confirmed the report to Janta Ka Reporter.

In a report published by Indian Express, a source had confirmed the news, “Yes, the deal has been finalised and Ajay Singh will take control of NDTV along with editorial rights.”

The report had further added that once the deal goes through, Singh will have controlling stake in NDTV of around 40 per cent and the promoters Prannoy Roy and Radhika Roy will hold around 20 per cent in the company.

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