Sun TV Network fixes August 18 record date for FY27 interim dividend

1 min read     Updated on 07 Aug 2026, 07:04 PM
scanx
Reviewed by
Jubin VScanX News Team
AI Summary

Sun TV Network Limited has set August 18, 2026, as the record date for its first interim dividend for FY 2027. The Board will decide on the dividend amount at its meeting on August 12, 2026. Payments will be made within 30 days of declaration, complying with SEBI regulations and the Companies Act 2013.

powered bylight_fuzz_icon
47655268

*this image is generated using AI for illustrative purposes only.

Sun TV Network Limited has fixed Tuesday, August 18, 2026, as the record date for its first interim dividend for the financial year 2026-27. The announcement establishes the eligibility timeline for shareholders ahead of the Board meeting scheduled for Wednesday, August 12, 2026, where the dividend amount will be formally declared. This procedural step ensures that investors holding the company’s equity shares on the specified record date are entitled to receive the dividend payment, subject to the Board’s final decision.

The company issued the disclosure pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was submitted to both BSE Limited and the National Stock Exchange of India Limited on August 07, 2026. The filing confirms that any dividend declared by the Board will be paid within 30 days from the date of declaration, in compliance with the provisions of the Companies Act 2013.

Key Dates and Details

Event Date
Record Date August 18, 2026
Board Meeting Date August 12, 2026
Dividend Payment Window Within 30 days of declaration

The record date serves as the cutoff point for determining which shareholders are eligible to receive the dividend. Investors who hold Sun TV Network Limited shares in their demat accounts or physical form as of the close of business on August 18, 2026, will be considered eligible recipients. The actual dividend per share amount remains undetermined until the Board concludes its deliberations on August 12.

Regulatory Compliance

The disclosure underscores the company’s adherence to statutory timelines for shareholder communications. By setting the record date five trading days after the expected declaration date, the company aligns with standard market practices to allow for trade settlement cycles. The payment obligation, triggered only upon a positive resolution by the Board, is bound by the 30-day window mandated under the Companies Act 2013. This framework provides clarity to investors regarding the potential cash inflow timeline for the upcoming fiscal period.

Historical Stock Returns for Sun TV Network

1 Day5 Days1 Month6 Months1 Year5 Years
-0.52%-4.86%-5.14%-9.38%-12.76%-10.24%

How might Sun TV Network's dividend payout ratio for FY2026-27 compare to its historical averages and competitors in the Indian media sector?

What impact could the upcoming Board meeting's dividend decision have on the stock's price volatility in the days leading up to August 12, 2026?

Will Sun TV Network maintain its current capital allocation strategy between dividends and reinvestment in digital content infrastructure?

Sun TV Network Subsidiary SunRisers Leeds Approves 99,999 Bonus Shares

1 min read     Updated on 22 Jul 2026, 06:44 PM
scanx
Reviewed by
Ashish TScanX News Team
AI Summary

SunRisers Leeds Limited, a wholly owned subsidiary of Sun TV Network, approved a bonus issue of 99,999 equity shares with a face value of 1 GBP each at its Board meeting on July 21, 2026. Post-issue, Sun TV Network Limited will hold 1,00,000 equity shares in SunRisers Leeds Limited, with its wholly owned subsidiary status remaining unchanged. The filing was made under Regulation 30 of SEBI (LODR) Regulations, 2015.

powered bylight_fuzz_icon
46268563

*this image is generated using AI for illustrative purposes only.

Sun TV Network 's wholly owned subsidiary, SunRisers Leeds Limited, has approved a bonus issue of 99,999 equity shares. The Board of Directors of SunRisers Leeds Limited granted this approval at its meeting held on July 21, 2026. The bonus shares, carrying a face value of 1 GBP each, will be issued to Sun TV Network Limited.

Following the completion of this bonus issue, Sun TV Network Limited will hold a total of 1,00,000 equity shares in SunRisers Leeds Limited. Despite the increase in the number of shares, the percentage of shareholding will remain unchanged, and SunRisers Leeds Limited will continue to be a wholly owned subsidiary of Sun TV Network Limited.

Shareholding Details

The key parameters of the bonus issue are outlined below:

Parameter: Details
Bonus Shares Issued: 99,999 Equity Shares
Face Value: 1 GBP per share
Post-Issue Holding: 1,00,000 Equity Shares
Shareholding Status: Wholly owned subsidiary

The disclosure was submitted to BSE Limited and National Stock Exchange of India Limited under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015. SunRisers Leeds Limited was previously known as Northern Superchargers Limited. The regulatory filing was signed by R. Ravi, Company Secretary & Compliance Officer of Sun TV Network Limited.

Historical Stock Returns for Sun TV Network

1 Day5 Days1 Month6 Months1 Year5 Years
-0.52%-4.86%-5.14%-9.38%-12.76%-10.24%

What strategic purpose does the bonus issue serve for SunRisers Leeds Limited given that Sun TV's ownership percentage remains unchanged?

Does this capital restructuring signal any upcoming expansion plans or new investments for the SunRisers Leeds franchise?

How will this adjustment in share capital impact the valuation and financial reporting of Sun TV Network's international subsidiaries?

More News on Sun TV Network

1 Year Returns:-12.76%