Siti Networks Limited
SITI Networks reported a consolidated net loss of ₹43.57 crores for Q2 FY26 and ₹87.70 crores for H1 FY26. The company is under Corporate Insolvency Resolution Process (CIRP), with auditors disclaiming their opinion, highlighting significant going concern uncertainties and negative net worth.
Apr 08 2026 17:04:00
Siti Networks Limited
SITI Networks announced Q2 FY26 cons. revenue of ₹296.10 cr and a net loss of ₹43.57 cr. Auditors disclaimed opinion due to ongoing CIRP, significant liabilities, and material uncertainty about the company's ability to continue as a going concern.
Apr 07 2026 18:04:00
Siti Networks Limited
Siti Networks disclosed a continuing default on bank loans, with ₹1,206.03 crore outstanding as of March 31, 2026. The Corporate Insolvency Resolution Process (CIRP) has been reinstated, impacting company operations.
Apr 01 2026 12:04:00
Siti Networks Limited
SITI Networks disclosed a default on term loan installments and interest payments from various banks. The current default amount stands at ₹1,206.03 crore as of August 10, 2023. The Corporate Insolvency Resolution Process (CIRP) has been reinstated after NCLAT dismissed appeals against it.
Mar 31 2026 19:03:00
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