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SEBI bans NDTV’s Roys from market for 2 years, says step down


In an order, Sebi said they failed “to conform to the fair and transparent principles of trades in the securities market” in a case relating to transfer of NDTV shares.

In a statement Friday evening, Radhika and Prannoy Roy said the SEBI order was based on “an incorrect assessment and is a highly unusual and perverse direction”.

The Securities and Exchange Board of India (SBI) Friday banned New Delhi Television Ltd (NDTV) Ltd Chairman Prannoy Roy and Managing Director Radhika Roy from the securities market for two years and restrained them from holding any key managerial personnel or directorship in ...


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