Sun TV Network Limited announced that its application for a waiver regarding penalties imposed by the stock exchanges has been approved. The original fines were levied due to non-compliance with specific listing and disclosure regulations for the quarters ending September 30, 2024, and December 31, 2024. The approval was communicated by the BSE via email on February 17, 2026, concluding the matter.
Regulatory Compliance Update
Sun TV Network Limited issued a disclosure concerning compliance matters relating to earlier levied fines. The company had previously submitted applications to both the BSE and NSE seeking a waiver for penalties that were imposed on November 21, 2024, and subsequently on March 17, 2025.
Details of Non-Compliance
These fines were related to the company’s failure to adhere to specific stipulations within the Listing Obligations and Disclosure Requirements Regulations, 2015. The non-compliance periods specifically covered the financial disclosure requirements for the quarters that ended on September 30, 2024, and December 31, 2024.
Waiver Approval Confirmed
We are pleased to inform our stakeholders that the waiver application filed by the company has been officially approved. This approval was formally received from the BSE via an email notification dated February 17, 2026. This resolution settles the previous reporting deficiencies.
The information is provided for the records of the stock exchanges, as required under Regulation 30 of the SEBI Listing Regulations.
Source: BSE
