Overview
- The reconciliation meeting involved Chief Minister M. K. Stalin, his son and deputy chief minister Udayanidhi Stalin, and the Maran siblings’ sister Anbukarasi.
- On June 10, Dayanidhi Maran served a legal notice accusing his brother Kalanithi of executing a fraudulent 2003 allotment that undervalued 12 lakh shares by nearly ₹3,499 crore.
- Sun TV Network maintained that all share transfers were legally vetted before its IPO and informed the Bombay Stock Exchange accordingly; its stock fell more than 5% after the dispute surfaced in June.
- The specific terms of the truce remain undisclosed, leaving open questions about whether it involves monetary compensation or a redistribution of assets.
- This outcome follows an earlier partial settlement in October 2024, when Kalanithi reportedly paid ₹500 crore to their sister Anbukarasi under a previous notice response.