Den Networks Limited, a leading cable TV distribution company, has announced a significant change in its shareholding structure. The company's board of directors has approved a request from Access Equity Private Limited (AEPL), a promoter group entity, to be reclassified from the 'promoter group' category to the 'public' category.

Key Details of the Reclassification

• Approval Date: The board of directors approved the reclassification request on October 13, 2025.
• Requesting Entity: Access Equity Private Limited (AEPL), currently classified under the promoter group.
• Current Shareholding: AEPL does not hold any equity shares or voting rights in DEN Networks.
• Regulatory Compliance: The reclassification is subject to stock exchange approval and must comply with applicable listing regulations.

Implications and Next Steps

This move represents a significant change in DEN Networks' ownership structure. The reclassification, once approved by the stock exchanges, will alter the composition of the company's promoter group. It's important to note that this change does not involve any transfer of shares, as AEPL currently holds no equity in the company.

Regulatory Process

The reclassification request will now be subject to scrutiny and approval from the stock exchanges. DEN Networks will need to ensure compliance with all relevant provisions of Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company Background

DEN Networks Limited is a prominent player in India's cable TV distribution sector. The company operates across multiple states, providing cable television and broadband services to a wide customer base.

This corporate action reflects ongoing changes in the company's ownership structure and could potentially impact its governance and strategic direction in the future. Investors and market watchers will be keen to observe any further developments following this reclassification request.

DEN Networks Limited , a prominent player in the cable distribution network and broadband segments, has announced its financial results for the second quarter and half-year ended September 30, 2025. The company's performance shows a modest increase in revenue and a significant drop in profit compared to the previous quarter.

Financial Highlights

*All figures in Rs. million

Revenue Growth

DEN Networks reported a standalone revenue from operations of Rs 2,480.15 million for Q2 FY26, marking a slight increase from Rs 2,456.06 million in the previous quarter and Rs 2,447.12 million in the same quarter last year. This represents a quarter-on-quarter growth of 0.98% and a year-on-year growth of 1.35%.

Profit Analysis

The company's profit after tax stood at Rs 314.34 million for Q2 FY26, showing a significant decrease of 38.14% compared to Rs 508.14 million in Q1 FY26. When compared to Q2 FY25, the profit after tax has seen a modest decrease of 8.53% from Rs 343.65 million.

Consolidated Performance

On a consolidated basis, DEN Networks reported revenue from operations of Rs 2,414.26 million for Q2 FY26. The consolidated results include the performance of its subsidiaries and associates.

Segment-wise Performance

The company operates primarily in two segments:

1. Cable distribution network
2. Broadband

While specific segment-wise revenue figures for Q2 FY26 were not provided, the company's focus on these two areas continues to drive its overall performance.

Board Approval and Audit Review

The financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors at their meeting held on October 13, 2025. The statutory auditors have carried out a limited review of the results for the quarter and half-year ended September 30, 2025.

Conclusion

DEN Networks Limited has shown resilience in its revenue growth despite challenging market conditions. However, the significant drop in quarterly profit warrants attention. The company's continued focus on its core segments of cable distribution and broadband services remains crucial for its future growth and market position.