Siti Networks Ltd - 532795 - Quarterly Disclosures By Listed Entities Of Defaults On Payment Of Interest/ Repayment Of Principal Amount On Loans From Banks / Financial Institutions And Unlisted Debt Securities
Quarterly Disclosures by listed entities of defaults on payment of interest/ repayment of principal amount on loans from banks / financial institutions and unlisted debt securities Siti Networks Ltd - 532795 - Disclosures By Listed Entities Of Defaults On Payment Of Interest/ Repayment Of Principal Amount For Loans Including Revolving Facilities Like Cash Credit From Banks / Financial Institutions
Disclosures by listed entities of defaults on payment of interest/ repayment of principal amount for loans including revolving facilities like cash credit from banks / financial institutions Siti Networks Ltd - 532795 - Closure of Trading Window
This is to inform you that as per the Company''s Code of Internal Procedures and Conduct for Prohibition of Insider Trading in Securities ('Company's Insider Trading Code'), in connection with the Audited Financial Results for fourth quarter and financial year ending on March 31, 2023 (hereinafter referred to as 'Audited Financial Results'), the Trading Window for dealing in the Equity Shares of the Company shall be closed for the Designated Persons of the Company from April 1, 2023 and the same shall remain closed until 48 hours after the announcement of Audited Financial Results. Accordingly, all Designated Persons of the Company have been advised not to trade in the Securities of the Company during the aforesaid period of closure of Trading Window. Siti Networks Ltd - 532795 - Announcement under Regulation 30 (LODR)-Change in Management
Pursuant to Regulation 30 and other applicable Regulations of the Securities and Exchange Board of India (Listing obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of Directors of the Company at its meeting held on March 30, 2023, has approved the appointment of Mr. Vikram Singh Panwar as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company with effect from April 15, 2023. The said appointment has been done on the basis of recommendations of Nomination and Remuneration Committee and Audit Committee of the Company. Relevant details in connection with above appointment of CFO and KMP of the Company, as per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI circular no. CIR/CFD/CMD/4/2015 dated September 9, 2015 are enclosed herewith. Siti Networks Ltd - 532795 - Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)
This is in continuation of our earlier communication dated January 17, 2023, informing about resignation of Mr.Vikash Khanna from the office of Chief Financial Officer of the Company. In this context, we would like to inform you that Mr. Vikash Khanna has served his notice period and accordingly, his resignation from office of Chief Financial Officer of the Company, is effective from the close of office hours on March 21, 2023. Relevant details in connection with resignation of Mr. Vikash Khanna from the office of Chief Financial Officer of the Company, as per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, are enclosed herewith as Annexure-I. Siti Networks Ltd - 532795 - Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)
This is in continuation of our communication dated March 9, 2023, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, informing that the Hon'ble National Company Law Appellate Tribunal ('NCLAT') vide its order dated March 7, 2023, stayed the operation and effect of order of NCLT dated February 22, 2023 and adjourned the matter for filing of reply by IndusInd Bank Ltd. We are enclosing herewith as Annexure - A, a copy of said order passed by NCLAT on March 7, 2023, which is uploaded today i.e. March 10, 2023 on the website of the NCLAT. Siti Networks Ltd - 532795 - Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)
We refer to our disclosures dated February 22, 2023 and February 23, 2023, pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, about the pronouncement of order dated February 22, 2023 by the Hon'ble NCLT admitting the Company to corporate insolvency resolution process under the Insolvency Code. In this regard, we have been informed that an appeal has been filed by Ms. Shilpi Asthana, Independent Director of the Company before the Hon'ble NCLAT, challenging the order dated February 22, 2023 of NCLT and after extensive hearing the appeal on March 6, 2023 and March 7, 2023, the Hon''ble NCLAT was pleased to stay the operation and effect of the NCLT order dated February 22, 2023 against the Company and adjourned the matter for filing of reply by IndusInd Bank Ltd. The copy of said order dated March 7, 2023 of Hon'ble NCLAT is awaited. The Company shall submit the copy of said order passed by Hon'ble NCLAT, once the same is received. Siti Networks Ltd - 532795 - Disclosures By Listed Entities Of Defaults On Payment Of Interest/ Repayment Of Principal Amount For Loans Including Revolving Facilities Like Cash Credit From Banks / Financial Institutions
Disclosures by listed entities of defaults on payment of interest/ repayment of principal amount for loans including revolving facilities like cash credit from banks / financial institutions Siti Networks Ltd - 532795 - Corporate Insolvency Resolution Process (CIRP)-Public Announcement
This is in continuation of our earlier communications, pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, wherein we have informing that in the petition filed by IndusInd Bank Ltd. against the Company under Section 7 of the Insolvency & Bankruptcy Code, 2016, the Hon'ble NCLT has pronounced its order dated February 22, 2023 admitting the Company to corporate insolvency resolution process and submitted copy of said order. In this regard, we are enclosing herewith copy of Public Announcement made in Form A under Regulation 6 of Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 duly advertised and published by Mr. Rohit Mehra, Interim Resolution Professional in three newspapers viz. "Financial Express" (All Editions) in English language newspaper, Jansatta (Delhi Edition) in Hindi language and "Navakal" (Mumbai Edition) in Marathi language newspaper on February 25, 2023 as Annexure - A. Siti Networks Ltd - 532795 - Corporate Insolvency Resolution Process (CIRP)-Appointment of Interim Resolution Professional (IRP)
This is in continuation of our yesterday's communication (i.e. dated February 22, 2023), pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time ('Listing Regulations'), wherein we have informing that in the petition filed by IndusInd Bank Ltd. against the Company under Section 7 of the Insolvency & Bankruptcy Code, 2016 ('Code'), the Hon'ble National Company Law Tribunal, Mumbai Bench ('NCLT') has pronounced its order dated February 22, 2023 admitting the Company to corporate insolvency resolution process under the provisions of the Code. In this regard, we are enclosing herewith as Annexure - A, said order dated February 22, 2023, which is uploaded today i.e. February 23, 2023 on the website of the Hon'ble NCLT.