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DEN Networks ropes in Manish Dawar from Vedanta as CFO

DEN Networks Ltd, the country’s second largest cable TV distribution firm by revenues, has roped in Manish Dawar as group's chief financial officer, the company said in a stock market disclosure.

His appointment comes soon after when the company appointed Pradeep Parameswaran as its new chief executive officer (CEO) last month.

Dawar, who comes with a chartered accountant and company secretary background, joins DEN from the Vedanta Group where he served as CFO for Konkola Copper Mines since September 2012.

He has more than two decades of experience in various senior level finance and business roles across industries and geographies.

“His rich experience with some of the world’s largest consumer goods companies will be invaluable as DEN embarks on a trajectory of rapid growth in digital cable, broadband internet and new initiatives and transforms itself into a B2C brand,” said Sameer Manchanda, chairman & MD, DEN Networks,

Before Vedanta, Dawar worked with Reckitt Benckiser plc, a diversified multinational consumer goods company operating in the health, hygiene and home products segments for over a decade. He has also worked with the companies like Reebok International Ltd and Hindustan Unilever Ltd.

Delhi-based DEN claims to serve 13 million households in over 200 cities across 13 states in the country. Founded in 2007, the network is currently available in Delhi, Uttar Pradesh, Karnataka, Maharashtra, Gujarat, Rajasthan, Haryana, Kerala, West Bengal, Jharkhand, Bihar, Madhya Pradesh and Uttarakhand. Recently, it formed a JV with Snapdeal to float a TV home shopping business.

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