01-Oct-2026 18:29:26

SITINETGeneral news

SITI NETWORKS : DISCLOSURE ON DEFAULT OF LOANS

• Disclosure in compliance with SEBI Circular No. SEBI/HO/CFD/CMD1/CIR/2019/140 dated November 21, 2019, of default on payment of interest/repayment of principal amount on loans from Bank(s). • Default date August 31, 2026. • Total outstanding borrowings from Banks/financial institutions ₹1,206.03 Cr as on 10th August 2023. • Total claims submitted as on 22nd February 2023 ₹1,500 Cr. • Corporate Insolvency Resolution Process (CIRP) initiated on February 22, 2023.

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