Appointment of Chief Executive Officer
Den Networks Ltd has informed BSE that Mr. S. N. Sharma, has been appointed as Chief Executive Officer ("CEO") of the Company with immediate effect. He holds a Bachelors degree in Electronics and Communications and a Masters degree in Business Administration. He has over 30 years of experience, out of which he has been associated with the media industry for close to 25 years.... Den Network stock jumps 6% as firm hikes stake in Macro Commerce
Den Networks runs a TV merchandise channel, Macro Commerce, in association with Jasper Infotech, a holding company of e-commerce firm Snapdeal.Com. The company at present has 50 per cent share in the firm. Updates
Den Networks Ltd has informed BSE that the Company has entered into an Agreement with Jasper Infoteeh Private Limited for increasing equity stake of the Company in Macro Commerce Private Limited ("Macro"). The increase in equity stake includes by way of subscribing and purchasing equity shares in Macro. SN Sharma quits Reliance Jio, may join DEN: Reports
Sharma is reportedly joining Sameer Manchanda-promoted DEN Networks, according to another report from TelevisionPost. Clarification
Den Networks Ltd has informed BSE that:"With reference to the news item appearing in a leading Newspaper titled Star in race to acquire DEN on June 11, 2016. The Company denies the news item and has a policy not to comment on any market speculation.We always ensure that appropriate intimations are provided to the Stock Exchange with respect to material events, information etc., in compliance with the terms of the Listing Agreement... Investors' Presentation
Den Networks Ltd has submitted to BSE a copy of Investors' Presentation on Q4 & FY16 results. Earning Call Invitation
Den Networks Ltd has informed BSE regarding "Earning Call Invitation". Outcome of Board Meeting
Den Networks Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2016, inter alia, has considered and approved the following:1. Re-appointment of Secretarial Auditors' of the Company for the financial year 2016-17.2. Re-appointment of Cost Auditors' of the Company for the financial year 2016-17. Announces Q4 & FY16 Results (Standalone & Consolidated) & Auditors Report (Standalone & Consolidated) for the period ended March 31, 2016
Den Networks Ltd has announced the following results for the quarter & year ended March 31, 2016:The Audited Standalone results for the Quarter ended March 31, 2016The Company has posted a net loss of Rs. (817.30) million for the quarter ended March 31, 2016 as compared to net loss Rs. (512.40) million for the quarter ended March 31, 2015. Total Income has increased from Rs. 2362.70 million for the quarter ended March 31, 2015 to...