Sun TV Network Director Kalanithi Maran appointed
Sun TV Network (SUNTV) said Kalanithi Maran, Director, has been appointed; and Kavery Kalanithi, Director, has been appointed. The company is valued at about ₹23,943 crore.
What happened
Sun TV Network (SUNTV) told the exchanges on 30 October 2026 at 04:58 PM that Kalanithi Maran, Director, has been appointed; and Kavery Kalanithi, Director, has been appointed.
From the filing: "Based on the Recommendation of Nomination & Remuneration Committee, the Board of Directors have approved the Re-appointment of Mr."
Company snapshot
Sun TV Network is a small-cap company in the Media Entertainment & Publication sector, with a market value of about ₹23,943 crore.
The stock last traded at ₹607.6, against a 52-week range of ₹447.2–₹674 (9.8% below the high).
Before this filing the shares had moved +19.2% over the month and +21.2% over three months. Average daily turnover over the last 20 sessions was about ₹192 crore.
Promoters held 75.00% at the end of Q1 FY27. Foreign institutions owned 5.80% and domestic institutions 11.30%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,290 | 529.2 | 13.43 |
| Q2 FY26 | 1,300 | 354.7 | 9 |
| Q3 FY26 | 862 | 324.3 | 8.23 |
| Q4 FY26 | 883 | 232.3 | 5.9 |
| Q1 FY27 | 1,458 | 619.1 | 15.71 |
What history shows
BCEIE has no earlier management change filing from this company on record since May 2026.
Across 14 similar disclosures by other Media Entertainment & Publication companies, shares moved +1.4% on average the next day and +1.1% over five days; 79% of them rose the next day.
Market-wide, 4,059 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 30 October 2026: Board meeting — Financial Results/Dividend.
- 5 November 2026: Interim Dividend.
In the news
Recent coverage elsewhere (links open the original publisher):
- SUNTV Outlook for the Week
- Sun TV Network fixes Nov 5 record date for second interim dividend FY27
- Sun TV Network Share Price Today: Price Fall Analysis
- What is Kavya Maran's net worth, educational qualifications? Sun TV heiress set to marry Anirudh Ravichand
- Who is Kavya Maran beyond IPL? Meet biz star at centre of buzz - Her role at Sun TV, Sunrisers franchise, Maran family
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.