Announcing the sale of their stake, Radhika-Pranay had said that they started NDTV in 1988 with the belief that journalism in India was world-class, but needed a strong and effective broadcast platform to grow it. And let it shine He said that after 34 years, he believes that NDTV is an institution that has fulfilled a lot of his hopes and ideals.
Radhika-Pranay had informed that AMG Media Network is now the largest shareholder in NDTV after the recent open offer. Consequently, by mutual agreement, we have decided to sell majority of our shares in NDTV to AMG Media Network. He had said that his discussions with Gautam Adani have been positive since the launch of the open offer.