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

*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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.36% | -2.74% | -6.04% | -13.66% | -17.77% | -8.52% |
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?


































