NDTV Appoints Former SEBI Chairman UK Sinha and Business Leader Dipali Goenka as Independent Directors

Category : Appointment/Resignation Published on: March 30 2023

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Former Securities and Exchange Board of India (Sebi) chairman UK Sinha has been appointed as non-executive chairman and additional director of New Delhi Television Limited (NDTV) till March 26, 2025.
The NDTV board approved the appointment following the company's acquisition by the Gautam Adani-controlled Adani Group from its former promoters, Prannoy Roy and Radhika Roy.
UK Sinha served as Chairman of Securities and Exchange Board of India (SEBI) between 2011 and 2017.
Besides, Dipali Goenka, MD and CEO of Welspun India, has been appointed as additional director in the capacity of a non-executive independent woman director.
Dipali Goenka is the chief Executive Officer and Managing Director of Welspun India Limited.
She has been recognized by Forbes as one of the most powerful women in Asia and India.
She was the co-chair at the India Economic Summit, 2017 organized by the World Economic Forum.
She was the chairperson of the Assocham Women's Council and is currently on the board of the World Economic Forum's Consumption Forum.
In August last year, the Adani Group acquired an indirect 29.18 per cent stake in NDTV by acquiring the shares of Vishvapradhan Commercial Private Limited (VCPL), which, in turn, held 99.5 per cent stake in RRPR Holding, a promoter group entity of NDTV.