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NDTV case: Sebi bars Roys from securities market, top positions

Updated : June 14, 2019 09:17 PM IST

One such loan agreement was with ICICI Bank while two loans were from a little-known entity Vishvapradhan Commercial Private Ltd (VCPL).
Earlier last year, Sebi had ordered VCPL to make an open offer for NDTV Ltd for indirectly acquiring control of up to 52 percent stake through a convertible loan of Rs 350 crore in 2009 'sourced' from a subsidiary of Reliance Industries Ltd.
NDTV case: Sebi bars Roys from securities market, top positions

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