CBI closes loan fraud probe against former NDTV directors Prannoy Roy and Radhika Roy

The CBI has filed a closure report in a seven-year-old case of alleged cheating related to a bank loan default against former NDTV promoters and directors Prannoy Roy and Radhika Roy for lack of evidence, sources in the agency said on Tuesday.

In 2022, the Adani Group acquired a controlling stake in NDTV by purchasing shares from the Roys at a premium of nearly 17 per cent over the price paid to minority shareholders.