How an unpaid loan aided Adani firms to make hostile takeover bid for NDTV ...Middle East

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VCPL had loaned Rs 403.85 cr to RRPR Holding Pvt Ltd. Against this interest-free loan, RRPR issued warrants to VCPL entitling it to convert them into a 99.9% stake in RRPR in case it isn't paid-back.

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