DEN Networks passed all resolutions at its nineteenth annual general meeting held on September 2, 2026. While promoters supported every item with 100% votes, public institutional investors voted against the reappointment of director Mr. Anuj Jain.

The meeting concluded at 1:10 pm Indian Standard Time. Mr. Sameer Manchanda, Chairman and Non-Executive Director, presided over the proceedings via video conferencing. The company disclosed that the requisite quorum was present throughout.

Governance and Attendance

All directors attended except Ms. Naina Krishna Murthy and Ms. Geeta Fulwadaya. Representatives from statutory auditors and secretarial auditors were present. Mr. Neelesh Kumar Jain served as the scrutinizer for electronic voting.

Remote e-voting ran from August 29 to September 1, 2026. A total of 1,49,649 shareholders were on record as of August 26, 2026. Only 10 promoters and 198 public shareholders attended the virtual meeting.

Voting Results Overview

Shareholders approved all ordinary and special business items. The total votes polled represented 75.14% to 75.16% of outstanding shares across different resolutions. Promoters held 357,437,152 shares and voted uniformly in favour of all proposals.

Key Divergences in Voting

The most notable divergence occurred during Resolution 2, concerning the appointment of Mr. Anuj Jain as a director retiring by rotation. While promoters voted entirely in favour, public institutional investors voted against the resolution by 82.11%. Specifically, out of 453,889 votes polled by public institutions, only 81,205 were in favour, while 372,684 were against.

Public non-institutional shareholders largely supported the appointment, voting in favour by 98.92%. The resolution ultimately passed due to the overwhelming promoter support.

For the adoption of consolidated financial statements (Resolution 1b), public institutions showed some dissent, with 17.20% of their polled votes (78,066 votes) cast against the resolution. However, this did not affect the outcome, as the resolution received 99.97% overall support.

Other Resolutions

The approval of material related-party transactions (Resolution 4) saw no participation from promoters, who abstained from voting as per regulatory norms. Public institutions voted unanimously in favour, while public non-institutions supported it by 95.60%.

The company will upload detailed voting results on its website and that of KFin Technologies Limited, complying with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

den networks Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 with BSE Limited and National Stock Exchange of India Limited on August 11, 2026. The report, prepared on a standalone basis, provides a comprehensive overview of the company’s environmental, social, and governance (ESG) performance, disclosing a turnover of ₹1,000.92 crore and a net worth of ₹3,853.27 crore for the period from April 1, 2025, to March 31, 2026.

The filing confirms that Corporate Social Responsibility (CSR) is applicable under Section 135 of the Companies Act, 2013. Hema Kumari, Company Secretary & Compliance Officer, signed the disclosure, which outlines the company’s adherence to the National Guidelines on Responsible Business Conduct (NGRBC). The report details operational metrics across 128 offices in 13 states, serving customers primarily through a Business-to-Business model with Local Cable Operators (LCOs).

Workforce and Governance

DEN Networks reported a total workforce of 876 individuals as of March 31, 2026, comprising 846 males and 30 females. The composition includes 373 permanent employees and 503 other-than-permanent employees. Women’s representation stands at 25% on the Board of Directors and 33.33% among Key Management Personnel. The company recorded a turnover rate of 17.20% for permanent employees in FY26, down from 15.02% in FY25.

The Board of Directors serves as the apex authority for business responsibility policies, with the Corporate Social Responsibility Committee overseeing specific initiatives. The committee includes Chairman Rajendra Dwarkadas Hingwala and members Sameer Manchanda and Naina Krishna Murthy.

Environmental Performance

The company reported total energy consumption of 15,392.30 GJ from non-renewable sources in FY26, resulting in an energy intensity of 1.54 GJ per million INR of turnover. Greenhouse gas emissions totaled 3,003.73 tco2e, comprising 18.28 tco2e from Scope 1 and 2,985.45 tco2e from Scope 2. Water withdrawal was entirely from third-party sources, totaling 12,402.00 kilolitres.

Waste management efforts focused on e-waste and battery disposal through authorized recyclers. Total waste generated was 38.49 metric tonnes, all of which was recycled. The company also refurbished and reused 29.96% of Set Top Boxes (STBs), supporting circular economy practices.

Stakeholder Engagement and CSR

DEN Networks received 10,477 customer complaints in FY26, primarily related to signal and hardware issues, with zero pending at year-end. One sexual harassment complaint was filed under the POSH Act but was not upheld. The company spent ₹10,76,127 on CSR projects in Madhya Pradesh’s Barwani district, benefiting 16,902 persons through sustainable livelihood programs and 4,299 through preventive healthcare initiatives.