Siti Networks Limited — Important, 18-04-2025: Updates

SITI Networks Limited has submitted an undertaking confirming that it does not qualify as a large corporate under the criteria set forth in the SEBI circular regarding the issuance and listing of various securities. As of March 31, 2025, the company's outstanding borrowings were reported at ₹1,206.03 Cr. This clarification is aligned with regulations established in the operational circular, which includes conditions for determining corporate size based on debt levels. While this submission may ease compliance burdens, investors should monitor the company’s financial strategies and borrowing practices to assess overall financial health and risk exposure moving forward.