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| Exchange Disseminated Time 15/09/2016 19:09:04 | | Den Networks Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on September 20, 2016, interalia, to discuss and approve proposal for Preferential Issue of Equity Shares to one of the leading global financial investors who will form part of the persons belonging to Non Promoter Category, subject to approval of the board of directors, shareholders and in compliance with the all applicable laws including without limitation the provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 (as amended from time to time), enabling provisions of the memorandum and articles of association of the company and the Listing Agreement entered into with relevant Stock Exchanges and subject to such other requisite approvals from the regulatory and other authorities as may be required. |
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