Sun TV Network Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Kalanithi Maran, the promoter of Sun TV Network Limited, has filed a declaration under SEBI Regulation 31(4) confirming that he has not created any encumbrance (pledge, charge, or lien) on his 2,95,63,457 shares (75% holding) of the company during the financial year ended 31st March 2025. This is a routine annual disclosure required from promoters holding more than a specified threshold. The promoter continues to hold an unchanged 75% stake with no encumbrances on these shares.
This is a neutral, routine compliance filing. It reassures shareholders that the promoter's substantial 75% stake remains unencumbered, meaning no shares have been pledged as collateral. No impact on stock price is expected from this disclosure.