DEN Networks Limited (NSEI:DEN) is looking for acquisition opportunities in the unorganized regional space, said S.N. Sharma, Chief Executive Officer, DEN Networks. After raising $160 million recently, DEN Networks has planned to enter new territories as well as look at acquisitions. S.N. Sharma said, “We could look at acquisitions, alignment of interest among other models”.

DEN Networks Limited, Board Meeting, May 08, 2013. Agenda: To consider and approve the issuance of equity shares.

DEN Networks Limited, Board Meeting, May 06, 2013. Agenda: To consider issue and allotment of equity shares for an aggregate consideration of USD 110 million on a preferential basis of the Company, of face value of INR 10 to Broad Street Investments (Singapore) Pte. Ltd. and MBD Bridge Street 2013 Investments (Singapore) Pte. Ltd; to consider execution by the Board of all such documents including without limitation, an investment agreement between the company, certain persons forming part of the promoter group and to Broad Street Investments (Singapore) Pte. Ltd. and MBD Bridge Street 2013 Investments (Singapore) Pte. Ltd., as may be required, in relation to undertaking the proposed issuance of equity shares on a preferential basis; and to consider to open the issuance of equity shares of par value of INR 10 each of the company to Qualified Institutional Buyers.