Marans ask Sun TV board to cap pay for current financial year at FY18 level

Analysts claim by limiting their compensation, the couple would forgo Rs 350 million

Sun TV promoter Kalanithi Maran and his wife Kauvery Kalanithi have written to the board of the company to cap their compensation for 2018-19 at the same level as the last fiscal year.  

Though their letter does not mention the amount, analysts and internal sources said the total payout to the couple, among the highest-paid executives in the country, would be Rs 1.75 billion. By limiting their compensation, the couple would forgo Rs 350 million, according to analysts’ projection of Sun TV’s profits this fiscal year.

The decision to reduce their pay coincided with the doubling of the quarterly