NDTV investors tender shares for nearly a quarter of open offer by Adani | Economic Times

NDTV investors tender shares for nearly a quarter of open offer by Adani https://ift.tt/3chMnes offer size is around ₹493 crore at a floor price of ₹294 a share. Earlier, market participants were doubtful if investors would tender shares in the open offer at all since the stock price was trading way higher than the purchase price. If fully subscribed, the ₹492.81 crore open offer will increase Adani group's holding in NDTV to 55.18%.