<h1>Media company defends promoter amid family dispute over shareholding structure and fraud allegations spanning decades</h1> A media company defended its promoter after family disputes emerged involving accusations of fraudulent practices and misgovernance dating back 22 years. One brother sent a legal notice to another brother and others, seeking to restore the company's shareholding structure to its pre-2003 status following their father's death. The company stated in regulatory filings that all agreements were legally compliant and vetted by intermediaries before its public offering. The broadcaster emphasized the family dispute was personal and would not affect business operations. The promoter holds 75% shareholding in the leading media conglomerate.