May 28, 2016 12:21 PM ET

Media

Company Overview of DEN Networks Limited

Company Overview

DEN Networks Limited, together with its subsidiaries, operates as a cable TV distribution company in India and internationally. The company operates through Cable, Broadband, and Soccer segments. It distributes and promotes television channels through analog and digital cable distribution network. The company also offers Boomband, a broadband Internet service; and owns a football club under the Delhi Dynamos FC name. It serves approximately 13 million homes with 6 million digital subscribers in 13 states in India, including Delhi, Uttar Pradesh, Karnataka, Maharashtra, Gujarat, Rajasthan, Haryana, Kerala, West Bengal, Jharkhand, Madhya Pradesh, Uttarakhand, and Bihar. The company was formerl...

236, Okhla Industrial Estate

Phase-III

New Delhi,  110020

India

Founded in 2007

Phone:

91 11 4052 2200

Fax:

91 11 4052 2203

Key Executives for DEN Networks Limited

Chief Executive Officer and Member of Whistle Blower Committee
Total Annual Compensation: 8.4M
Chairman, Managing Director, Member of Compensation, Nomination & Remuneration Committee, Member of Stakeholders Relationship Committee, Member of Securities Issue Committee, Member of Finance Committee and Member of Corporate Social Responsibility Committee
Age: 54
Total Annual Compensation: 10.6M
Group Chief Financial Officer
Age: 49
Total Annual Compensation: 6.5M
Compliance Officer and Company Secretary
Total Annual Compensation: 1.3M
Compensation as of Fiscal Year 2015.

DEN Networks Limited Key Developments

SITI Cable In Talks To Acquire DEN

Subhash Chandra is looking to expand his Siti Cable Network Limited (BSE:532795) by acquiring Sameer Machida-promoted DEN Networks Limited (NSEI:DEN), multiple sources with direct knowledge of the matter told ET. A potential deal could be worth about INR 200 billion, they said, making it one of the largest in the sector. "There have been preliminary talks between SITI Cable Network and DEN," said a senior executive at one of the companies. "This is in line with Chandra’s stated objective for the ZEE group to look at all the acquisition opportunities in the cable sector."

DEN Networks Limited Reports Consolidated Earnings Results for the Quarter Ended December 2015

DEN Networks Limited reported consolidated earnings results for the quarter ended December 2015. For the quarter, the company reported a consolidated net loss of INR 483.7 million against net loss of INR 626.0 million in the same quarter last year.

DEN Networks Reportedly Finalizes Buyer For Majority Stake Divestment In Delhi Dynamos

Den Networks Limited (NSEI:DEN) is in the final stages to sell majority stake in football club Delhi Dynamos, DEN Sports & Entertainment Limited to focus on running its core business of cable and broadband network, VCCircle reports quoting a person with direct privy.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
April 1, 2016
DEN Sports & Entertainment Limited
Merger/Acquisition
March 16, 2016
Star Den Media Services Ltd.
 

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