Sun TV Network Limited — Important, 24-03-2025: General Updates

SuN TV Network has highlighted an order received under the CCST/ICST Act, 2017, concerning a demand for reversal of Input Tax Credit related to the year 2018-19, totaling approximately ₹20.04 cr, with additional interest and penalties. The company disputes this order, asserting it is not maintainable and plans to file an appeal. Management states that there is no material impact on its financial or operational activities due to this development. Investors might view this as a potential risk, but the company's proactive stance may reflect a commitment to protect shareholder interests.