Den Networks , a prominent player in the Indian cable television industry, has received approval from both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) for a significant change in its shareholding structure. The company's application to reclassify Access Equity Private Limited from the promoter group to the public category has been given the green light, effective November 28, 2025.

Key Details of the Reclassification

Implications of the Reclassification

This reclassification marks a notable shift in Den Networks' shareholding structure. However, it's important to note that Access Equity Private Limited currently holds no equity shares or voting rights in the company. This suggests that while the reclassification is a significant corporate action, it may not have an immediate impact on the company's ownership or control dynamics.

Regulatory Compliance

The reclassification has been carried out in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This move underscores Den Networks' commitment to maintaining transparency and adhering to regulatory standards in its corporate governance practices.

Market Implications

While the immediate practical impact on Den Networks' operations may be limited due to Access Equity Private Limited's lack of shareholding, this reclassification could potentially influence market perception and future shareholding patterns. Investors and market analysts will likely monitor any subsequent changes in the company's shareholding structure or strategic direction following this reclassification.

As the cable television and broadband internet services landscape in India continues to evolve, corporate actions such as this reclassification may signal broader strategic shifts within the industry. Stakeholders will be keen to observe any further developments in Den Networks' corporate structure and market positioning in the coming months.

DEN Networks Limited , a prominent player in the cable and broadband industry, has announced a strategic move involving its wholly-owned subsidiary, Futuristic Media and Entertainment Limited (FMEL). The company has divested its entire equity stakes in three non-operating subsidiaries for a nominal sum of ₹30.

Divestment Details

FMEL has sold its stakes in three subsidiaries to Infomedia and Networking Private Limited (INPL). The details of the divestment are as follows:

Financial Impact

The divestment of these non-operating entities is expected to have minimal financial impact on DEN Networks:

• Turnover: All three companies reported nil turnover for the fiscal year 2024-25.
• Net Worth:
  • Den Budaun Cable Network had a net worth of ₹5.75 Lakhs as of March 31, 2025, contributing 0.0016% to DEN Networks' consolidated net worth.
  • The other two companies had negative net worth as of the same date.

Strategic Implications

This move appears to be part of DEN Networks' strategy to streamline its operations and focus on core, revenue-generating assets. By divesting non-operating subsidiaries, the company may be aiming to optimize its corporate structure and resource allocation.

About the Buyer

Infomedia and Networking Private Limited (INPL), the acquirer of these stakes, is described as:

• Incorporated under the Companies Act, 1956
• Engaged in the Cable and Broadband business
• Not affiliated with DEN Networks' Promoter/Promoter Group or group companies

Regulatory Compliance

DEN Networks has emphasized that these transactions do not fall under the category of related party transactions, ensuring compliance with regulatory requirements.

The company received the intimation from FMEL at 3:35 p.m. (IST) on the day of the transaction, promptly disclosing the information as per the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

While the divestment sum of ₹30 may seem nominal, it's important to note that this decision aligns with the non-operational status and financial position of the divested entities. Investors and market observers will likely be keen to see how this strategic move contributes to DEN Networks' overall operational efficiency and future growth plans in the competitive cable and broadband sector.