NDTV shareholders approve appointments of new directors on board
SUBSCRIBE
JOBS
Go Back
11 months ago 01:30:18pm Television

NDTV shareholders approve appointments of new directors on board

New Delhi, 28-June-2023, By IBW Team

NDTV shareholders approve appointments of new directors on board

Shareholders of the Adani-group-controlled NDTV have approved the proposals to appoint new directors to the board after Adani Group acquired the media firm.

Through electronic voting, shareholders approved all special resolutions pertaining to the appointment of U K Sinha and Dipali B Goenka as independent directors as well as Sanjay Pugalia and Senthil Sinniah Chengalvarayan as directors.

The details of the voting results and scrutinizer’s report on the postal ballot shared by NDTV to bourses also stated that another special resolution for approval of remuneration payable to Non-Executive Directors, including Independent Directors of the Company, was also approved.

The electronic voting period ran from May 27, 2023, to June 25, 2023, PTI reported from New Delhi.

Meanwhile, NDTV’s board has also approved the appointment of former bureaucrat Dinesh Kumar Mittal as an Additional Director in the capacity of Non-Executive Independent Director of the Company, subject to the approval of the Ministry of Information & Broadcasting.

His appointment is with effect from June 27, 2023, for two years and would be subject to the approval of shareholders in the ensuing General Meeting of the Company and the Ministry of Information & Broadcasting, it said.

Mittal, a former IAS officer of the 1977 batch, was Secretary of the Department of Financial Service.

Last year in December, Adani Group gained full control of news broadcaster NDTV after it acquired most of the stake of founders Prannoy Roy and Radhika Roy at a premium of almost 17 percent over the rate it paid to minority shareholders of the firm

The Adani Group holds over 64 percent of NDTV.


Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Our Events

  • img
    SatCab Symposium

    SatCab symposium organized by Aavishkar Media Group is an annual event. It's a well-informed event where we have a panel discussion on the current affairs and future forecasting on our industry.

  • img
    BCS
    Ratna Awards

    BCS Ratna Award organized by Aavishkar Media Group is an annual event. In this award function, a community of our industry is honored by receiving the award for the contribution of their work.

  • img
    Chetna Yatra

    Chetna Yatra organized by Aavishkar Media Group is an annual event. Held by Dr. AK Rastogi, Chairman of Aavishkar Media Group. Pilgrimage India in his car for connecting the people of our industry.

  • img
    Imaan India Sammaan

    Imaan India Samman is an event mobilized by Aavishkar Media Group, which was launched in 2012. Giving the award to the NGOs for giving their contribution to society.

Youtube Videos