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EQUITY - MARKET SCREENER

Amba Enterprises Ltd
Industry :  Electric Equipment
BSE Code
ISIN Demat
Book Value()
539196
INE829P01020
33.569217
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
N.A
26.63
197.57
EPS(TTM)
Face Value()
Div & Yield %
5.86
5
0
 

Sun TV slips on buzz of Maran family feud
Jun 20,2025
The issue traces back to the passing of their father, Murasoli Maran, in 2003. The legal notice alleges irregularities in share transfers following his death and demands the restoration of Sun TV Network's shareholding to its original structure as of 15 September 2003. It also warns of possible civil, criminal, and regulatory action if the demand is not met.

The notice has been served not only to Kalanithi Maran but also to his wife, Kavery Kalanithi, and others involved in the company.

In response, Sun TV Network dismissed the allegations as incorrect, misleading, speculative, and not supported by facts or law, adding that the matter pertains to a time when the company was a privately held entity and all actions were conducted in accordance with the law.

Kalanithi Maran remains the majority shareholder, holding a 75% stake in the Chennai-based broadcaster. Sun TV Network is one of the largest television broadcasters in India and owns both the Sunrisers Hyderabad and Sunrisers Eastern Cape cricket franchises. It also operates a Digital OTT platform 'SUNNXT'.

On a consolidated basis, net profit of Sun TV Network declined 10.40% to Rs 371.59 crore while net sales declined 2.15% to Rs 940.59 crore in Q4 March 2025 over Q4 March 2024.