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| Exchange Disseminated Time 10/12/2015 20:03:28 | Den Networks Ltd has informed BSE as under:
"With reference to the news item appearing in the website www.televisionpost.com titled "Den Network mulls demerger of broadband business" on December 09, 2015. In this regard, we would like to state that the given statement has been quoted out of context.
The Company continues exploring various opportunities for business growth and for capital requirements of various business divisions in the normal course of business. The company will ensure that appropriate intimations are provided to the Stock Exchange with respect to material events, information etc., that have a bearing on the operational and financial performance of the Company in terms of the Listing Agreement as and when the same is being approved by the Board of Directors of the Company." |
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