Sebi clears Adani's plan for NDTV open offer

Markets regulator Sebi has approved Adani Group's open offer to buy an additional 26% stake in media firm New Delhi Television. The offer will commence on November 22 and close on December 5. As per Sebi's website on Monday, the regulator gave its final comments on the proposed Rs 492.81-crore open offer on November 7. The price fixed is Rs 294 per share.

from Times of India https://ift.tt/MdnfY1r