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Siti Networks disclosed a ₹1,206 Crore default on term loan instalments across eight lenders. The company remains in CIRP with NCLT Mumbai proceedings ongoing since February 2023.
Siti Networks, currently under CIRP, disclosed details regarding loan defaults and financial creditor claims as required by SEBI circulars on debt repayment obligations.
Siti Networks discloses loan default details and outstanding claim amounts across various lenders. The company remains under the ongoing Corporate Insolvency Resolution Process (CIRP).