What to Watch. Den Networks: eyes on pref allotment

Updated - January 16, 2018 at 02:50 PM.

Shares of Den Networks will remain in focus on Tuesday, as its board of directors will meet to dissuss fund-raising plans.

The board will consider a proposal for preferential issue of shares to one of the leading global financial investors, who will then become part of the persons belonging to the non-promoter category.

Analysts will be keen to know the identity of the investor. Besides, the number of shares to be allotted and the price of the issue will also remain in focus.

Published on September 19, 2016 15:30