Home Gujarat AMG Media Networks Limited (AMNL) to indirectly acquire 29.18% stake in NDTV...

AMG Media Networks Limited (AMNL) to indirectly acquire 29.18% stake in NDTV & launch Open Offer

By
Dhrumit Thakkar
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679
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(G.N.S) Dt. 23 Ahmedabad AMNL’s wholly owned subsidiary VCPL holds warrants of RRPR Holding Private Limited (RRPR) entitling it to convert them into 99.99% stake in RRPR. VCPL has exercised warrants to acquire 99.5% stake in RRPR. Such acquisition will result in VCPL acquiring control of RRPR. RRPR is a

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