NDTV defers its annual meeting by a week amid Adani group's takeover bid

New Delhi Television (NDTV) has deferred its Annual General Meeting (AGM) by a week to September 27, the company  said in a regulatory filing on Sunday. 

The AGM was originally scheduled to be held on September 20.

The media company said that the deferment was due to the processes required after the notice and public announcement of the open offer made by Vishvapradhan Commercial (VCPL), an indirect subsidiary of Adani Enterprises, to its public shareholders.

Last week, the Adani group had announced it had exercised its right to indirectly acquire 29.18 per cent shareholding in NDTV, and launch an open offer to buy