 "Gautam Adani")
The Adani Group will launch its open offer for acquiring an additional 26 per cent stake in media firm New Delhi Television Ltd (NDTV) from October 17 to November 1, JM Financial, which is managing the offer, said in a draft letter of offer (DLOF), on Thursday.
The open offer for acquiring up to 1.67 crore equity shares, for which a price of Rs 294 per share has been fixed, will amount to Rs 492.81 crore, if fully subscribed.
The DLOF specifies that the last date for SEBI observations is September 28. The last date for dispatch of
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