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Vishvapradhan Commercial (an indirect subsidiary of the Company) holds 8.27% equity stake in NDTV and RRPR (prior to the present acquisition) held 29.18% equity stake in NDTV. Consequent to the present acquisition, RRPR will hold 56.45% equity stake in NDTV.
The acquisition was completed on 30 December 2022 on block deal window of NSE at a price of Rs 342.65 per share.