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阿拉爱上海

NDTV seeks Sebi clarity on warrant conversion to VCPL

By Ashley Coutinho New Delhi Television (NDTV) said its promoter group, RRPR Holding, wrote to the Securities and Exchange Board of India (Sebi) on Sunday, asking it to determine whether its order on November 27, 2020, restricted conversion of warrants issued to Vishvapradhan Commercial (VCPL) into equity shares of RRPR Holding. to convert warrants issued to it in 2009 into equity shares, which would give VCPL the control of 99.5% of RRPR Holding. Sebi, in its order dated November 27, 2020, had restrained the NDTV founder-promoters Prannoy and Radhika Roy from buying, selling or otherwise dealing in securities, directly or …

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