Dayanidhi Maran sends legal notice to Sun TV CMD Kalanithi Maran, says brother seized Group control ‘fraudulently’
Mumbai: A simmering rift in the Maran family that owns the Sun Group is out in the open, said people with knowledge of the matter. DMK lawmaker and former Union minister Dayanidhi Maran has sent a legal notice to older brother Kalanithi Maran, who is chairman and managing director of the Rs 24,000-crore Sun TV Network, accusing him of fraudulently seizing control of the company through a disputed share allotment in 2003. He has demanded restoration of the company’s shareholding structure to its pre-September 2003 status, when the Maran family and that of the late M Karunanidhi owned equal shares in the company.
