Cable TV

DEN Networks allots Rs 7.5 mn worth shares for eSOP

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MUMBAI: DEN Networks Limited has informed the corporate  relationship department of the National Stock Exchange of India and BSE Limited that it has allotted shares under DEN eSOP Plan B, 2014.

In a communique signed by DEN company secretary Jatin Mahajan, it stated: This  is to inform you that the Securities  Committee, in its meeting dated 21 July, 2017, has issued  and allotted 7,50,000 equity shares of Rs. 10/- each at par to eligible employee(s) under DEN ESOP Plan.

In a separate earlier report, Dish TV, Hathway & Den Networks were amongst the top 10 global Pay TV platforms, according to the Global Pay TV Operator Databook from Digital TV Research.

Also, as reported earlier, three years after it announced its intention to get into TV home shopping, the Samir Manchanda-promoted  multi systems operator Den is exiting from it.  The company had launched a channel called DEN Snapdeal Home Shop in 2016   (in partnership with the ecommerce site) only to have its partner exit from it in March 2017.

Also Read :

Dish TV, Hathway & Den amongst top 10 global Pay TV platforms

DEN Networks exits TV home shopping channel business

DEN Networks ties up with Visiware, launches premium gaming service

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