Overview

• Dayanidhi Maran served a legal notice on June 10 accusing his brother Kalanithi Maran of fraudulent share allotments dating back to 2003.
• Tamil Nadu Chief Minister M.K. Stalin joined a mediation meeting on July 8 that included Udayanidhi Stalin and the Marans’ sister Anbukarasi Maran.
• Sun TV’s shares plunged over 5% after the dispute emerged and the network told the Bombay Stock Exchange that all 2003 transactions were legally vetted.
• Sources say the truce’s specific terms, whether cash compensation or division of assets, remain undisclosed.
• Sun TV says the family settlement is a private matter unlikely to affect its broadcasting operations.