Futuristic Media and Entertainment Sales Analyzed
Futuristic Media and Entertainment (FMEL), a part of Den Networks, has recently sold its ownership shares in three companies to another company called Infomedia and Networking (INPL). This sale happened for a total of Rs 30.00. The deals involved FMEL’s shares in Den Fateh Marketing, Den Budaun Cable Network, and Mahadev Den Cable Network.
Key Points
- FMEL sold shares totaling Rs 30 to INPL.
- Deals included Den Fateh, Budaun Cable, and Mahadev Cable.
- These companies are now independent, no longer part of Den Networks.
- INPL focuses on cable and broadband services.
- Turnover for all companies was zero during FY2024-25.
- Negative networth existed for two companies as of March 31, 2025.
The companies that FMEL sold were all quite small. Den Fateh Marketing, Den Budaun Cable Network, and Mahadev Den Cable Network all had very low sales, amounting to nothing during the last financial year (FY2024-25). Furthermore, the net worth of these companies was minimal; Den Budaun had a net worth of just Rs 5.75 Lakh, while the other two had negative net worth, indicating they were losing money.
Infomedia and Networking (INPL) is a different company that works with cable and internet services. Importantly, INPL is not connected to Den Networks in any way – it doesn’t include people who own or control Den Networks.
This strategic divestment allows Den Networks to streamline its operations and focus on core growth opportunities.
