Award winning journalist Ravish Kumar, Senior Executive Editor of NDTV India, has resigned amid the Adani Group’s open offer to acquire India’s leading news channel.
It comes a day after the channel’s founders and promoters Prannoy Roy and Radhika Roy resigned as directors on the board of RRPR Holding Private Limited (RRPRH).
The channel said that the resignation was effective immediately.
The mail read: “Few journalists have impacted people as much as Ravish. This reflects in the immense feedback about him: in the crowds he draws everywhere; in the prestigious awards and recognition he has received, within India and internationally.”
Kumar used to host a number of programmes including the channel’s flagship weekday show Hum Log, Ravish ki Report, Des Ki Baat, and Prime Time.
“Ravish has been an integral part of NDTV for decades: his contribution has been immense, and we know he will be successful as he embarks on a new beginning,” the mail further stated.
The major development comes three months after Gautam Adani-led Adani Group acquired 29.18 per cent stake in television channel NDTV Ltd, and said it would launch an open offer as required by the Securities and Exchange Board of India (SEBI) to buy another 26 per cent in the company.
Last week, on 22 November, the Adani Group launched its open offer, which is to remain open until December 5, 2022.
If the Adani Group manage to get the required 26 per cent stake, the group’s total stake will go up to 55.18 per cent, enabling it to take management control of NDTV.
