ICICI Prudential Mutual Fund, which previously held 1.1 percent of Sun TV Network Limited, is no longer listed among its disclosed shareholders, indicating either a complete exit or a reduction in its stake to below the 1 percent reporting threshold.
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.
India's second-largest AMC by AUM with over Rs 9 lakh crore managed across 80+ schemes. Joint venture between ICICI Bank and Prudential plc. CIO S. Naren is one of India's most recognised value investors, known for contrarian macro calls and rotating across market caps well ahead of consensus. ICICI Pru's quarterly portfolio disclosures are among the most closely watched in the industry.
