Siti Networks Limited — Important, 30-05-2025: Updates

Siti Networks Limited is under Corporate Insolvency Resolution Process with an Interim Resolution Professional managing operations. The company has defaulted on term loan repayments amounting to INR 1,206.03 crore, with claims from major lenders admitted. Legal appeals on insolvency orders are ongoing, affecting recovery timelines. Operational control and business continuity expenses remain protected during the resolution.