Den Networks has received nod from the Foreign Investment Promotion Board (FIPB) to increase foreign investment limit in the company by upto 74% from 49%. The approval is subject to compliance of conditions specified in consolidated foreign direct investment (FDI) policy circular dated May 12, 2015.
Den Networks is India’s leading cable TV Distribution Company reaching an estimated 13 million households in over 200 cities. The company has been one of the frontrunners in the cable TV digitization process and has over 5.7 million digital cable subscribers. DEN is present in 13 key states across India.
