Family Feud Ends? Maran Brothers Call Truce After Row, CM Stalin Played Mediator: Report
The mediation took place recently in the presence of key members of the DMK family, including Tamil Nadu Chief Minister MK Stalin
A reported truce has been reached between DMK MP Dayanidhi Maran and his elder brother Kalanithi Maran, Chairman of Sun TV Network, following a bitter and public family dispute over alleged financial mismanagement and company shareholding.
According to a report by The Hindu citing sources, the mediation took place recently in the presence of key members of the DMK family, including Tamil Nadu Chief Minister MK Stalin.
While sources confirmed that a meeting took place, none of the individuals involved have revealed details of the discussion or the terms of the apparent settlement.
The peace deal after a legal notice issued by Dayanidhi Maran in June, where he accused his brother of serious financial misconduct. The allegations included fraudulent practices, misgovernance, and even money laundering, reportedly linked to the management and shareholding of Sun TV following the death of their father, Murasoli Maran, in 2003.
Dayanidhi had claimed that their father had died without leaving a Will, and demanded that the company's shareholding structure be restored to what it was in 2003. His legal notice also warned of possible investigations by multiple regulatory bodies, including the Serious Fraud Investigation Office (SFIO), SEBI, RBI, Enforcement Directorate, and the Registrar of Companies.
The row had an immediate impact on markets, with Sun TV's shares falling over 5 percent in early trade shortly after the news broke. In response, the company had issued a statement clarifying that the matter was personal and would not affect its operations or performance.
At present, Kalanithi Maran holds a 75 percent stake in Sun TV Network, a major media conglomerate with a market capitalisation of over Rs 24,000 crore.
The network broadcasts in seven languages across India, operates several FM radio stations, and owns IPL franchise Sunrisers Hyderabad as well as the Sunrisers Eastern Cape in South Africa's T20 league.
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First Published:
July 08, 2025, 23:16 IST
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