Den Networks gets nod to raise up to Rs 2045 crore on preferential basis
Den Networks has received an approval for raising of funds up to Rs Rs 2045 crore by way of creating, offering, issuing and allotting, in one or more tranches (Proposed Preferential Allotment) 28,14,48,000 equity shares of face value Rs 10 each of the company at an issue price of Rs 72.66 per equity share on preferential basis. The Board of Directors of the company at their meeting held on October 17, 2018, approved the same.
Den Networks is India’s leading MSO engaged in the business of Cable TV, Broadband and OTT (Over-the-Top) content.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.