Siti Networks Limited — Board Meeting, 30-06-2025: Outcome of Board Meeting

SITI Networks has announced a board meeting to approve the financial results for the quarter and half-year. The company reported a consolidated net loss of ₹444.16 million for the quarter and ₹2,128.65 million for the year, with accumulated losses totaling ₹28,621.47 million and a negative net worth of ₹11,685.57 million. Current liabilities exceed current assets by ₹16,477.68 million, reflecting a challenging liquidity position. The ongoing Corporate Insolvency Resolution Process (CIRP) continues, with the company’s future hinging on a successful resolution plan. Audit reports have issued disclaimers due to pending reconciliations and uncertainties tied to the CIRP and litigation.