The curious case of Adani’s open offer to NDTV’s public shareholders
Daybreak
00:00
The Mystery of LTS's Shares in NDTV
LTS does not seem to have tendered its shares, at least not fully. Adani's stake in NDTV now is about 37%, which is higher than the Roy's 32%. Is there more to it than meets the eye? A corporate finance expert from Delhi told Anand about an occasional industry practice called warehousing. In such an arrangement, the price of the stock does not really matter.
Play episode from 11:36
Transcript
