SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Den Networks enters into agreement with Wall Street

02 Apr 2016 Evaluate

Den Networks (Den) has entered into an agreement with Wall Street Investments (Wall Street) for selling off its 55% equity stake in DEN Sports for a consideration of Rs 43.32 crore. This includes the sale of shares from Den Networks and preferential allotment by Den Sports.

Prior to execution of agreement with Wall Street, Den was holding 100% equity shares of DEN Sports which, in turn owns 100% equity shares of Den Soccer (Den Soccer). Den Soccer is the operating company which owns controls and manages Delhi Dynamos F.C. (Club) and holds the franchisee for Delhi to participate in the Indian Super League (1SL).

Wall Street Investments is represented by Principals of GMS OM. GMS (11.1) is based out of Dubai and acts as an agent for its principals which have broader interest in the shipping industry.

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.

Den Networks Share Price

29.23 0.40 (1.39%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×