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Maran Brothers Agree to Truce in Sun TV Feud After Stalin Mediation

Tamil Nadu’s chief minister stepped in to halt a months-long family dispute over the control of Sun TV Network.

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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.