New Delhi: Prannoy Roy and Radhika Roy have resigned from the board of directors of RRPR Holding Pvt Ltd, the promoter group of news channel NDTV. The resignation comes after Adani Group bought NDTV stake. RRPR Holding’s board approved the appointment of Sudipta Bhattacharya, Sanjay Pugalia and Senthil Sinniah Chengalvarayan as directors instead.
Adani Group got full control of RRPL in August this year. Adani Group, which owns 29.18 percent shares of NDTV, has come up with an open offer to buy 26 percent more from other shareholders. According to the BSE website, Prannoy Roy is still the Chairperson of NDTV and Radhika Roy is the Executive Director.