Sun TV today in a statement to the stock exchanges, denied links with the 2G scam and the reports against former telecom minister Dayanidhi Maran.
Yesterday, news reports said that Dayanidhi Maran illegally held 323 lines of BSNL, causing a massive loss to the public sector telecom operator. Reports said that these lines were routed from Dayanidhi Maran's residence to Sun TV.
Sun TV said that Dayanidhi Maran does not own any shares either in Sun TV Network or in Sun Direct TV. The stock of Sun TV was the top loser in trade yesterday and company said that these rumours are causing abnormality in share prices.
"Over the last few days and more particularly on June 02, 2011, there has been a steep fall in the prices of the company's shares possibly triggered by baseless allegations and rumors linking the company with certain happenings relating to the 2G scam. We wish to inform that Sun TV Network and Kalanithi Maran do not have any relationship whatsoever to any of these happenings," the company said.
