Sun TV Network Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 19, 2025
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Awaiting price reaction for this filing.
Sun TV Network has filed the notice for its 40th Annual General Meeting, scheduled for Friday, September 19, 2025 at 10:00 AM IST, to be held through video conferencing. Along with the notice, the company has submitted its Annual Report for FY 2024-25. Financial results show a decline across the board compared to FY23-24: total income fell to Rs. 4,543.96 crore (from Rs. 4,630.19 crore), profit after tax dropped to Rs. 1,654.46 crore (from Rs. 1,875.15 crore), and EPS slipped to Rs. 41.98 (from Rs. 47.58). Total equity dividend for FY25 stands at 300%, down from 335% in FY24, covering four interim dividends already paid. Items to be approved at the AGM include adoption of financials, confirmation of the interim dividends, re-appointment of Managing Director Mahesh Kumar Rajaraman, ratification of cost auditor remuneration of Rs. 2.20 lakh, and appointment of M/s. Lakshmmi Subramanian & Associates as secretarial auditor for five years (FY26–FY30) at Rs. 3.50 lakh per year.
The AGM notice is routine and procedural, with no material surprises likely to trigger a sharp stock reaction. However, the year-on-year decline in revenue, profits, and dividend payout highlights softening earnings, which could weigh on investor sentiment. The 300% total dividend still offers a healthy payout to shareholders.