SITI NETWORKS LIMITED SITI Networks Limited announced in reference to the SEBI Circular No. SEBI/HO/CFD/CMD1/CIR/2019/140 dated November 21, 2019, regarding disclosure of defaults on payment of interest/repayment of principal amount on loans from Bank(s). In compliance with Para 3(C1) of above referred SEBI Circulars, details pertaining to default(s) effected in payment of loans and interest thereon from Bank(s) are as follows: Name of the Listed Entity: Siti Networks Limited.
Date of making the disclosure: July 1, 2024. Nature of obligation: Term loan instalments. Name of the Lender(s): .ARCIL, IDBI Bank, RBL, Axis Bank, ABFL, Induslnd Bank, ZEEL, ICNCL.
Date of default: May 31, 2024 (i.e. default of May 31, 2024 and continues beyond 30 days). Current default amount (break-up of principal and interest in INR million): Principal and Interest: INR 12,060.3 million.
