Den Networks Share Price

Den Networks Limited was incorporated on 10 July, 2007. The Company changed status from a Private Limited Company to a Public Limited Company on 15 April, 2008 thereby changing the name to DEN Digital Entertainment Networks Limited and thereafter to DEN Networks Limited on 27 June, 2008. DEN is one of Indias leading multi system operator offering digital cable television and fixed broadband services through a diversified and scalable platform. The Company operates across 13 states and having strong presence in key markets such as Delhi, Uttar Pradesh, and Maharashtra, supported by an extensive lastmile network of local cable operators and deep regional penetration. The companys digital cable offering, with their featurerich user interface and a portfolio of cutting edge value added services is widely regarded as Indias best. Their digital cable offering includes over 180 leading channels, a multigenre digital music service, blog.Telly (Indias first micro blogging service on TV) and interactive games.The company operates between one and three own brand television channels from each of their headends, which are telecast exclusively on their cable distribution network. These channels primarily telecast films, music, devotional programmes or local events and news. They have the rights to telecast more than 4,000 films on their network. They have obtained an allIndia ISP license and have commenced a limited roll out of broadband internet services in select areas. In October 12, 2007, the company entered into a partnership with Priya Mukherjee through a partnership deed for establishing Creative Cable Network. In January 14, 2008, the company entered into a joint venture agreement with Star India Pvt Ltd and formed a 50:50 joint venture company, STARDEN, to operate a television channel distribution business in India, Nepal and Bhutan. In February 2008, the company launched their digital cable television services under the brand, Digitelly. They also obtained a nonexclusive license from the DoT to set up and operate internet services all over India. In March 2008, they imported fist set of set top boxes.In April, 15, 2008, the company was converted into public limited company and the name was changed to DEN Digital Entertainment Networks Ltd. In June 27, 2008, the name of the company was changed from DEN Digital Entertainment Networks Ltd to DEN Networks Ltd. In August 2008, the company obtained a license to operate the conditional access system in Delhi and Mumbai. During the year 200910, the company issued and allotted 18,567,240 equity shares of face value of Rs 10 each, pursuant to the Initial Public Offer (IPO), which were admitted for listing and trading on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) with effect from November 24, 2009.During the year, the company expanded their analogue cable services to 84 cities and digital cable services to a majority of cities where it present and plans to roll out digital cable television in all of the remaining cities of its operations across the country. They acquired majority stake in the business of 76 MSOs and took their affiliates count to 83.The company was awarded The Best Indian Cable TV MSO at the Indian Telly Awards Function held by Indiantelevision.com in June 2010. They have also featured in the Business Standard BS 1000 annual ranking of Indian companies in February 2010 and were ranked among the Top 500 companies by revenues. In October 2010, the company through their subsidiary, IME Networks Pvt Ltd, entered into a 7525 joint venture with BFTV, Broadcasters of the BabyFirst Channel, a leading international television channel for babies, toddlers and parents. The joint venture will house all rights for Baby Firsts businesses in India and other select territories, including the distribution of the channel and related businesses.The company intends to acquire majority stakes in established MSOs in order to consolidate their position in the states in which they already have a presence and to expand into other Indian states that have significant market potential for increased digital cable penetration and high revenue growth.In May 2011, STAR DEN Media Services, a 50:50 joint venture between Star India Private Ltd. and DEN, formed a 50:50 joint venture with Zee Turner for jointly distributing channels of the two entities across India. The joint venture company is called Media Pro Enterprise India Private Limited, which commenced operations from July 2011. In October 2010, IME Networks Private Limited, a subsidiary of DEN, entered into a joint venture with BFTV LLC to distribute the BabyFirst TV channel in India and select countries in South Asia.DEN launched its premiere High Definition digital cable service under the brand name of DEN HD in 2012, including real HD channels in video resolution of 1080i and Dolby Digital (5.1 Surround Sound).During the financial year 201314, the Company had raised funds of Rs. 9,608.22 million by way of Qualified Institutional Placement (QIP) and Preferential Issue of equity shares. Further, during the current year, the Company has also raised Rs. 1,424.34 million by way of Preferential Issue of equity shares.At the end of FY 2016, DEN converted about 4.4 million subscribers in DAS III and IV. During year 2016, Star Den Media Services Pvt. Ltd. have ceased to be Joint Venture effective from March 30, 2016 and DEN Sports Entertainment Pvt. Ltd. became an Associate Company through selling of proportionate stake effective from the aforementioned date.During FY 201617, the Broadband/ Internet Service Provider (ISP) Business Undertaking of the Company was transferred into DEN Broadband Private Limited effective from April 1 2016.During FY 201617, Macro Commerce Pvt. Ltd. became Subsidiary Company pursuant to acquisition of further stake effective on July 15, 2016 Den Digital Cable Network Private Limited, a Subsidiary Company, increased the holdings from 51% to 88.57% effective from March 06, 2017 Delhi Sports Entertainment Private Limited (Formerly known as Den Sports Entertainment Private Limited), a Wholly owned subsidiary diluted further 25% Stake in Delhi Sports and the present holding of the Company stood at approx. 19.29% on October 15, 2016 Macro Commerce Pvt. Ltd sold off its entire stake to Pimex Broadcast Private Limited, including the shares held by DEN and Jasper Infotech Private Limited effective on June 05, 2017.During the year 201920, the Board of Directors of the Company in Feb 2020, approved the Composite Scheme of Amalgamation and Arrangement between the Company, Hathway Cable and Datacom Limited, TV18 Broadcast Limited, Network18 Media Investments Limited, Media18 Distribution Services Limited, Web18 Digital Services Limited and Digital18 Media Limited and their respective Shareholders and Creditor with Appointed Date, i.e., February 1, 2020, which inter alia provides for amalgamation of the Company, TV18 and Hathway into Network18 and transfer of the cable, broadband and digital businesses by Network18 to its 3 separate wholly owned subsidiaries, namely Media18, Web18 and Digital18, respectively.The Company launched new LCO Lighthouse application software in 2023. The Company introduced two additional online payment service providers to make it easier for customers to pay Local Cable Operators by scanning a quickresponse (QR) code on their TV screen in FY 2025. The trial was conducted in collaboration with ISP partners, who extended IPTV services to their existing broadband subscriber base on an ondemand basis, primarily targeting early adopters and customers seeking valueadded services in FY26.