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Siti Networks Ltd - 532795 - Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)

 Pursuant to Regulation 30 read with Schedule III of the SEBI (LODR) Regulations, 2015, this is to inform you that the ninth meeting of Committee of Creditors ("CoC") of Siti Networks Limited was held on 2nd May 2024, in terms of Section 24 of the Insolvency and Bankruptcy Code, 2016 read with Regulation 18 of the Insolvency and Bankruptcy Board of India (Insolvency Regulation Process for Corporate Persons) Regulations, 2016. During the meeting, the Resolution Professional informed the CoC members that he has received resolution plans for the Company. Further, the resolution plans received were opened during the CoC meeting in the presence of the authorised representative of the relevant Resolution Applicants, members of the CoC, RP advisory team, legal counsels and members of the suspended board of directors and their authorised representatives.
06-05-2024
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Siti Networks Ltd - 532795 - Corporate Insolvency Resolution Process (CIRP)-Resolution Plans received by Resolution Professional

 Pursuant to Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015, this is to inform you that the ninth meeting of the Committee of Creditors ("CoC") of Siti Networks Limited was held on 2nd May, 2024, in terms of Section 24 of the Insolvency and Bankruptcy Code, 2016 read with Regulation 18 of the Insolvency and Bankruptcy Board of India (Insolvency Regulation Process for Corporate Persons) Regulations, 2016. During the meeting, the Resolution Professional informed the CoC members that he has received resolution plans for the Company. Further, the resolution plans received were opened during the CoC meeting in the presence of the authorised representative of the relevant Resolution Applicants, members of the CoC, RP advisory team, legal counsels and members of the suspended board of directors and their authorised representatives.
06-05-2024
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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
30-04-2024
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Siti Networks Ltd - 532795 - Certificate Under Regulation 40(9) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 For The Financial Year Ended March 31, 2024.

 Pursuant to Regulation 40(9) of the SEBI (LODR) Regulations, 2015, pl. find attached herewith the Certificate from Company Secretary in Practice under Regulation 40(9) of SEBI Listing Regulations, for the financial year ended March 31, 2024
20-04-2024
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Siti Networks Ltd - 532795 - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A

 Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompanySiti Networks Ltd 2CIN NO.L64200MH2006PLC160733 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 1206.03 4Highest Credit Rating during the previous FY d 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CARE RATINGS LIMITED 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No Name of the Company Secretary: Suresh Kumar Designation: Company Secretary EmailId: [email protected] Name of the Chief Financial Officer: Sandeep Jain Designation: GM Finance and Accounts EmailId: [email protected] Date: 19/04/2024 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
19-04-2024
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Siti Networks Ltd - 532795 - Certificate Under Regulation 7(3) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 For The Financial Year Ended March 31, 2024.

 Pursuant to Regulation 7(3) of SEBI (LODR) Regulations, 2015, please find enclosed certificates confirming that the physical and electronic transfer facilities relating to Equity Shares of the Company are maintained by M/s. Link India Pvt. Ltd. as Registrar & Share Transfer Agent of the Company
19-04-2024
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Siti Networks Ltd - 532795 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

 Pl. find enclosed herewith certificates of Link Intime India Pvt. Ltd., being the Registrar and Share Transfer Agent of the Company, pursuant to Regulation 74(5) of the SEBI(DP) Regulations, 2018
19-04-2024
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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
02-04-2024
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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
01-04-2024
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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, 2024 (hereinafter referred to as "Audited Financial Results"), the Trading Window for dealing in the Equity Shares of the Company has been closed for the Designated Persons of the Company from April 1, 2024 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.
01-04-2024
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