Sun TV Network Limited
Kotak Mutual Fund reduced its stake in Sun TV Network from 3.42% to 2.70%, selling 28,08,250 shares.
A leading Indian television broadcaster established in 1985, Sun TV Network operates regional channels across multiple languages and produces entertainment content for diverse audiences. The company's core business encompasses television broadcasting through its flagship channel and original content production, while its subsidiary Sun Pictures handles film production and distribution across theatrical and digital platforms. Its vertically integrated operations span broadcasting, content creation, and theatrical releases.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.