Brief: Den Networks signs deal with Den Digital Cable Network for raising stake of co in DDCN

Den Networks

06/03/2017 13:01

March 6 (Reuters) - Den Networks Ltd  DENN.NS  
    * Says signed deal with Den Digital Cable Network for 
raising stake of co in DDCN to 88.57 percent from 51 percent 
    * Company has purchased equity stake from the existing 
shareholders of DDCN. 
 
Source text: [Den Networks Limited has informed the Exchange 
that the Company has entered into an Agreement with DEN Digital 
Cable Network Private Limited ("DDCN") for increasing equity 
stake of the Company in DDCN from 51.00% to 88.57%. The Company 
has purchased equity stake from the existing shareholders of 
DDCN.] 
Further company coverage:  DENN.NS  
 
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