Overview

• Dispute was resolved after three rounds of private talks led by Chief Minister M K Stalin with Dravidar Kazhagam president K Veeramani and journalist N Ram
• Dayanidhi Maran will receive about ₹800 crore in cash plus four land parcels in Chennai’s Boat Club area as part of the agreement
• The deal settles a 22-year conflict over Kalanithi Maran’s alleged 2003 allotment of 12 lakh Sun TV shares at ₹10 each, which had boosted his holding above 60%
• Sun TV Network says the 2003 transactions were legally vetted before its IPO and reported an intra-day share drop of over 5% before stabilizing
• All parties have agreed to keep the settlement terms confidential and refrain from further media commentary