Den Networks not to proceed with composite scheme of arrangement PTI New Delhi | Updated on April 21, 2021 × In a filing to the exchanges, the company said since a year had passed from the time the board considered the scheme, it had decided to drop the idea Den Networks on Wednesday said it has decided not to proceed with the composite scheme of arrangement in which TV18 Broadcast, Hathway Cable & Datacom and Den Networks were to merge into Network18 Media & Investments. “Considering that more than a year has passed from the time the board considered the scheme, the board of the company has decided not to proceed with the arrangement envisaged in the scheme,” Den Networks said in a regulatory filing.