StockWatch
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TV Broadcasting & Software Production
Clarification30 Sept 2026, 02:13 pm

Sun TV Denies Sports Division Demerger Rumors

AI Summary

Sun TV Network Ltd has issued a clarification in response to a news item published by CNBC TV18 and www.cnbcawaz.com on September 30, 2026, regarding a possible demerger of its sports division. The company stated that the news item is a rumor and that it cannot comment on market rumors. Sun TV confirmed that it has made all necessary disclosures as per SEBI regulations and that there is no impending material price-sensitive information that could affect the scrip's price or volume behavior.

Key Highlights

  • Sun TV denies rumors of sports division demerger.
  • Company states it cannot comment on market rumors.
  • All SEBI disclosures have been made.
  • No material price-sensitive information pending.