Siti Networks Limited

BSE: 532795 NSE: SITINET
Siti Networks Limited - media and publishing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L64200MH2006PLC160733 Incorporated 24 March 2006 ROC Mumbai HQ Mumbai, Maharashtra, India
Under Insolvency Listed - NSE: SITINET · BSE: 532795 Public Limited Company media and publishing
Data last updated
Market Cap
₹20.06 Cr
SITINET · NSE
Share Price
₹0.24
0.00% today
Revenue
₹1,291 Cr
FY 2023-24 · -4.0% YoY
EBITDA
₹29.11 Cr
Margin 2.2%
Net Profit
−₹252 Cr
FY 2023-24 · +7.1% YoY
Authorised capital
₹130 Cr
Registered with MCA
Paid-up capital
₹87.21 Cr
Issued & subscribed
Open charges
₹2,214.02 Cr
Satisfied ₹1,640.25 Cr

About Siti Networks Limited

Data last updated:

Siti Networks Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the cable tv and dth services segment of the media and publishing sector. It was incorporated on 24 March 2006.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L64200MH2006PLC160733. Its GSTIN is 27AAACW6349M1ZR (Maharashtra). The company holds 61 GST registrations, of which 31 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 532795 and NSE: SITINET.

The company has an authorised share capital of ₹130 Cr and a paid-up capital of ₹87.21 Cr. It was formerly known as Wire and Wireless (India) Limited. It is led by directors including Suresh Arora (Whole-Time Director) and Amitabh Kumar.

Its last annual general meeting (AGM) was held on 26 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.

As per the latest standalone financials for FY 2024-25, the company reported a revenue of ₹356.34 Cr, a decline of 17.7% compared to the previous year. For the same year it recorded a net loss of ₹195.42 Cr (net margin -54.8%) and EBITDA of -₹77.6 Cr (EBITDA margin -21.8%).

The company has about 197 employees on its provident fund (EPFO) records. Its group structure includes 24 subsidiaries.

The company is associated with 2 brands: SITI Networks and SITI Networks. As per MCA filings, the company has open charges of ₹2,214.02 Cr and satisfied charges of ₹1,640.25 Cr on record. Court records list 315 cases involving the company, including 203 filed by the company and 113 filed against it; 54 cases are pending. The company has 127 deals on record (123 market trades, 3 secondary share transfers, 1 qip); the latest was in August 2024.

The last known website on record is sitinetworks.com.

Company details

CIN L64200MH2006PLC160733
Registration Number 160733
Incorporation Date 24 March 2006
ROC Mumbai
Listing Status Listed - Listed on NSE (SITINET); Listed on BSE (532795)
Company Status Under CIRP
Date of Last AGM 26 December 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Name history

Siti Networks has undergone 3 name changes throughout its history. The company was previously known as Siti Networks Limited, Wire And Wireless (India) Limited, and Siti Cable Network Limited. The current legal name is Siti Networks Limited.

Company NameStatus
Siti Networks LimitedCurrent
Wire And Wireless (India) LimitedPrevious
Siti Cable Network LimitedPrevious

CIN history

Siti Networks has one previous CIN (Corporate Identification Number): U64200MH2006PLC160733. The current CIN is L64200MH2006PLC160733, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L64200MH2006PLC160733Current
U64200MH2006PLC160733Previous
Key People
Yogesh Sharma Ceo Suresh Arora Whole-Time Director Suresh Kumar Company Secretary

Contact details

Siti Networks Limited's registered office is in Mumbai, Maharashtra. Its website is sitinetworks.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    sitinetworks.com
  • Social Media
  • Registered Address
    Unit No. 38 1st Floor A Wing Madhu Industrial Estate P.B. Mar, G Worli, Mumbai, Maharashtra, India – 400013
  • Industry
    Media and Publishing, Cable TV & DTH Services

To see the full contact details of Siti Networks Limited, buy the company report.

Comprehensive company report
Siti Networks Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Secure checkout · GST invoice included

Brands

Siti Networks operates two associated brands: SITI Networks and SITI Networks. Each brand links to its own profile.

BrandDescriptionWebsite
SITI Networks
Fixed-line broadband and digital cable TV services are provided.sitinetworks.com
SITI Networks
SITI Networks is engaged in providing digital cable TV and broadband services in India.siticable.com

Business activity

The main business activity of Siti Networks is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ5Wired, wireless or satellite Telecommunication activities

To see the full business activity and turnover split of Siti Networks Limited, buy the company report.

Financials of Siti Networks Limited

FY 2024-25 filings available

Siti Networks Limited reported revenue of ₹356.34 Cr (down 17.7% YoY) for FY 2024-25.

Financial Highlights

FY 2023-24 · Consolidated
Revenue
₹1,291 Cr
-4.0% YoY
EBITDA
₹29.11 Cr
-73.7% YoY
Profit After Tax
−₹252 Cr
+7.1% YoY
Net Worth
−₹959 Cr
-23.7% YoY
Total Assets
−₹79.00 Cr
-129.5% YoY
Total Debt
₹773 Cr
-15.9% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Income statement
Revenue1,2911,3451,4461,5371,6081,4421,410
Revenue growth-4.0%-7.0%-5.9%-4.4%+11.5%+2.3%-
EBITDA29.11111177213262249292
EBITDA margin+2.3%+8.2%+12.3%+13.8%+16.3%+17.3%+20.7%
Profit before tax(212)(314)(259)(243)(224)(254)(158)
Net profit(252)(271)(238)(210)(152)(201)(176)
Net profit margin-19.5%-20.2%-16.5%-13.7%-9.4%-13.9%-12.5%
EPS (₹)(2.11)(3.21)(2.89)(2.75)(2.32)0.000.00
Balance sheet
Total assets(79.00)2686439321,3811,8712,233
Net worth(959)(776)(497)(245)(4.79)198343
Total debt7739199831,0181,1791,4541,448
Cash & bank20218392.5111517878.11126
Net working capital(819)(594)(525)(425)(254)(44.90)(38.34)
Cash flow
Cash from operations281181184299504437341
Cash from investing(163)(64.02)(182)(139)(42.14)(185)(387)
Cash from financing(149)(75.95)(51.47)(225)(358)(274)(31.82)
ParticularsSep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023
Revenue296271289279303308283323
Revenue growth (YoY)-2.1%-12.2%+1.9%-13.5%-3.1%---
Other income5.607.0418.155.475.514.2676.493.73
EBITDA(2.87)(1.89)(8.43)(14.13)(0.92)6.62(56.64)12.44
EBITDA margin-1.0%-0.7%-2.9%-5.1%-0.3%+2.1%-20.0%+3.9%
Depreciation21.4124.2026.9131.1432.7334.3925.5363.06
Interest24.5124.1424.3924.0124.0723.91(5.80)24.45
Profit before tax(43.19)(43.19)(41.58)(63.81)(52.21)(47.42)0.12(71.34)
Tax0.380.942.923.051.950.32(9.27)1.56
Net profit(43.57)(44.13)(44.50)(66.86)(54.16)(47.74)9.39(72.90)
EPS (₹)(0.50)(0.51)(0.51)(0.77)(0.62)(0.55)0.11(0.84)
MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Income statement
Revenue356433531614730819821
Revenue growth-17.8%-18.4%-13.6%-15.9%-10.8%-0.3%-
EBITDA(77.60)(26.18)(23.21)34.8286.33137(30.74)
EBITDA margin-21.8%-6.0%-4.4%+5.7%+11.8%+16.8%-3.7%
Profit before tax(195)(151)(299)(255)(226)(185)(372)
Net profit(195)(213)(264)(231)(196)(160)(183)
Net profit margin-54.8%-49.2%-49.7%-37.6%-26.8%-19.5%-22.3%
EPS (₹)(2.24)(1.73)(3.42)(2.93)(2.60)(2.17)0.00
Balance sheet
Total assets(533)(338)(61.73)2685158031,232
Net worth(1,294)(1,099)(949)(650)(395)(168)22.22
Total debt7577578839129039621,201
Cash & bank84.2111770.839.733.754.6215.42
Net working capital(945)(791)(647)(533)(431)(323)(85.31)
Cash flow
Cash from operations(34.82)16510657.74177255395
Cash from investing51.78(37.16)(45.35)(46.97)(67.23)38.10(86.88)
Cash from financing(0.21)(123)(37.97)(4.79)(109)(302)(328)
ParticularsSep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023
Revenue96.1979.9681.8381.4692.26101118103
Revenue growth (YoY)+4.3%-20.7%-30.9%-21.1%-2.0%---
Other income1.992.679.761.441.361.4479.640.88
Total expenses10095.90112103105113107111
EBITDA(4.12)(15.94)(30.55)(21.80)(13.21)(12.04)11.90(8.15)
EBITDA margin-4.3%-19.9%-37.3%-26.8%-14.3%-11.9%+10.0%-7.9%
Depreciation6.778.5210.4510.3911.3311.4421.1531.66
Interest22.2221.9821.7822.2322.2122.005.0722.02
Profit before tax(31.12)(43.77)(53.02)(52.98)(45.39)(44.04)65.32(60.95)
Tax0.000.000.000.000.000.000.000.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 24 Oct 2026
ParticularsSep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023
Revenue296271289279303308283323
Revenue growth (YoY)-2.1%-12.2%+1.9%-13.5%-3.1%---
Other income5.607.0418.155.475.514.2676.493.73
EBITDA(2.87)(1.89)(8.43)(14.13)(0.92)6.62(56.64)12.44
EBITDA margin-1.0%-0.7%-2.9%-5.1%-0.3%+2.1%-20.0%+3.9%
Depreciation21.4124.2026.9131.1432.7334.3925.5363.06
Interest24.5124.1424.3924.0124.0723.91(5.80)24.45
Profit before tax(43.19)(43.19)(41.58)(63.81)(52.21)(47.42)0.12(71.34)
Tax0.380.942.923.051.950.32(9.27)1.56
Net profit(43.57)(44.13)(44.50)(66.86)(54.16)(47.74)9.39(72.90)
EPS (₹)(0.50)(0.51)(0.51)(0.77)(0.62)(0.55)0.11(0.84)
ParticularsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Revenue1,2911,3451,4461,5371,6081,4421,410
Revenue growth-4.0%-7.0%-5.9%-4.4%+11.5%+2.3%-
Other income98.2734.6815.0219.4517.7432.2415.97
Total expenses1,2621,2351,2691,3241,3471,1931,119
Employee cost63.3967.2369.7069.6475.1181.3290.49
EBITDA29.11111177213262249292
EBITDA margin+2.3%+8.2%+12.3%+13.8%+16.3%+17.3%+20.7%
Depreciation258344331349346365326
Interest81.62115120126158171140
Profit before tax(212)(314)(259)(243)(224)(254)(158)
Tax(6.78)1.121.98(1.88)(9.77)10.0411.78
Net profit(252)(271)(238)(210)(152)(201)(176)
Net profit margin-19.5%-20.2%-16.5%-13.7%-9.4%-13.9%-12.5%
EPS (₹)(2.11)(3.21)(2.89)(2.75)(2.32)0.000.00
ParticularsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Equity & liabilities
Share capital87.2787.2787.2787.2787.2787.2787.27
Reserves & surplus(1,047)(863)(584)(332)(92.06)111256
Shareholders' funds (net worth)(959)(776)(497)(245)(4.79)198343
Minority interest26.2747.2682.4591.1292.79105116
Secured loans7678979579951,029879725
Unsecured loans6.1022.2926.4222.84151575723
Total debt7739199831,0181,1791,4541,448
Total liabilities(79.00)2686439321,3811,8712,233
Assets
Gross block3,1613,3603,3263,3243,2743,2183,257
Net block5137321,0071,2361,5081,7622,031
Capital work in progress68.9260.8786.5055.2059.1299.45153
Investments80.222.2414.1211.4620.1114.864.72
Inventories1.831.962.202.081.351.8014.53
Sundry debtors265252255233300396369
Cash & bank balances20218392.5111517878.11126
Loans & advances116112136151261402297
Total current assets585548486501740878807
Total current liabilities1,4051,1421,011927994923845
Net working capital(819)(594)(525)(425)(254)(44.90)(38.34)
Total assets(79.00)2686439321,3811,8712,233
ParticularsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Opening cash10361.6511117671.5793.53171
Net cash from operating activities281181184299504437341
Net cash from investing activities(163)(64.02)(182)(139)(42.14)(185)(387)
Net cash from financing activities(149)(75.95)(51.47)(225)(358)(274)(31.82)
Net change in cash(31.31)41.18(49.75)(64.36)104(21.96)(77.13)
Closing cash20218392.5111517878.11126
ParticularsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Growth
Sales growth-4.0%-7.0%-5.9%-4.4%+11.5%+2.3%-
EBITDA growth-73.7%-37.4%-16.7%-18.8%+5.0%-14.6%-
PBT growth+32.6%-21.4%-6.5%-8.7%+11.9%-60.8%+1.1%
Net income growth+7.1%-13.9%-13.3%-38.5%+24.4%-13.9%-
Revenue CAGR (3Y)-5.6%-5.8%+0.1%+2.9%+10.4%+8.0%+15.9%
EBITDA CAGR (3Y)-48.5%-24.9%-10.8%-10.0%+12.8%+0.4%+28.5%
Profitability & leverage
Net income margin-15.9%-23.5%-18.1%-15.7%-13.3%-18.3%-12.1%
Return on capital employed0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Return on net worth0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Debt / equity0.000.000.000.0013.635.363.20
Long-term debt / equity0.000.000.000.006.032.481.86
Interest cover-35.72-49.44-78.37-92.55-187.84-147.46-403.91
Efficiency & per share
Fixed asset turnover0.400.400.430.470.500.450.48
Inventory turnover681.31646.80675.63896.161,021.18176.62118.42
Debtors turnover5.005.315.925.774.623.773.85
EPS (₹)(2.11)(3.21)(2.89)(2.75)(2.32)0.000.00
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)(10.99)(8.89)(5.69)(2.80)(0.05)2.273.93
ParticularsSep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023
Revenue96.1979.9681.8381.4692.26101118103
Revenue growth (YoY)+4.3%-20.7%-30.9%-21.1%-2.0%---
Other income1.992.679.761.441.361.4479.640.88
Total expenses10095.90112103105113107111
EBITDA(4.12)(15.94)(30.55)(21.80)(13.21)(12.04)11.90(8.15)
EBITDA margin-4.3%-19.9%-37.3%-26.8%-14.3%-11.9%+10.0%-7.9%
Depreciation6.778.5210.4510.3911.3311.4421.1531.66
Interest22.2221.9821.7822.2322.2122.005.0722.02
Profit before tax(31.12)(43.77)(53.02)(52.98)(45.39)(44.04)65.32(60.95)
Tax0.000.000.000.000.000.000.000.00
ParticularsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Revenue356433531614730819821
Revenue growth-17.8%-18.4%-13.6%-15.9%-10.8%-0.3%-
Other income14.0076.7219.663.422.886.5221.36
Total expenses434459554580644682852
Employee cost20.0022.7726.0834.2138.5344.7253.88
EBITDA(77.60)(26.18)(23.21)34.8286.33137(30.74)
EBITDA margin-21.8%-6.0%-4.4%+5.7%+11.8%+16.8%-3.7%
Depreciation43.61127189185205196209
Interest88.2174.23106109110132154
Profit before tax(195)(151)(299)(255)(226)(185)(372)
Tax0.000.000.000.000.004.780.00
Net profit(195)(213)(264)(231)(196)(160)(183)
Net profit margin-54.8%-49.2%-49.7%-37.6%-26.8%-19.5%-22.3%
EPS (₹)(2.24)(1.73)(3.42)(2.93)(2.60)(2.17)0.00
ParticularsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Equity & liabilities
Share capital87.2787.2787.2787.2787.2787.2787.27
Reserves & surplus(1,382)(1,186)(1,036)(737)(482)(255)(65.05)
Shareholders' funds (net worth)(1,294)(1,099)(949)(650)(395)(168)22.22
Secured loans655655758786777832685
Unsecured loans102102126126126129516
Total debt7577578839129039621,201
Total liabilities(533)(338)(61.73)2685158031,232
Assets
Gross block1,6191,6151,8211,8161,7961,7581,722
Net block71.85111231398554713850
Capital work in progress20.2620.0922.3426.9515.6928.8444.34
Investments308308316350352352352
Inventories1.860.920.670.640.580.460.71
Sundry debtors145152130202195207290
Cash & bank balances84.2111770.839.733.754.6215.42
Loans & advances47.0539.0638.6360.0174.85179275
Total current assets278309240273275392582
Total current liabilities1,2231,100887806705715667
Net working capital(945)(791)(647)(533)(431)(323)(85.31)
Total assets(533)(338)(61.73)2685158031,232
ParticularsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Opening cash37.1032.859.733.752.5311.4231.12
Net cash from operating activities(34.82)16510657.74177255395
Net cash from investing activities51.78(37.16)(45.35)(46.97)(67.23)38.10(86.88)
Net cash from financing activities(0.21)(123)(37.97)(4.79)(109)(302)(328)
Net change in cash16.764.2523.115.991.22(8.89)(19.70)
Closing cash84.2111770.839.733.754.6215.42
ParticularsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Growth
Sales growth-17.8%-18.4%-13.6%-15.9%-10.8%-0.3%-
EBITDA growth-196.4%-12.8%-166.7%-59.7%-37.1%+546.4%-
PBT growth-29.8%+49.6%-17.1%-12.7%-22.7%+50.4%-81.2%
Net income growth+8.3%+19.3%-14.2%-17.9%-22.7%+12.7%-
Revenue CAGR (3Y)-16.6%-16.0%-13.4%-9.2%-4.5%+1.9%-1.4%
EBITDA CAGR (3Y)-----2.8%+36.0%-
Profitability & leverage
Net income margin-54.8%-34.8%-56.3%-41.6%-31.0%-23.1%-45.4%
Return on capital employed0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Return on net worth0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Debt / equity0.000.000.000.000.000.007.23
Long-term debt / equity0.000.000.000.000.000.003.02
Interest cover-72.77-48.50-50.08-72.30-92.64-222.33-64.04
Efficiency & per share
Fixed asset turnover0.220.250.290.340.410.470.47
Inventory turnover256.36544.93810.921,007.261,404.771,399.90750.03
Debtors turnover2.403.083.203.093.633.292.03
EPS (₹)(2.24)(1.73)(3.42)(2.93)(2.60)(2.17)0.00
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)(14.83)(12.59)(10.87)(7.45)(4.52)(1.92)0.25

To see the full year-wise statements and ratios of Siti Networks Limited, buy the company report.

Board of directors and KMP of Siti Networks Limited

Siti Networks Limited currently reports 4 directors and 2 key managerial personnel. 31 former directors have served the organization.

Directors and KMP (as last reported)
NameDesignationAppointment DateTenureStatus
Suresh Kumar
Also directs: Siti Networks India LLP, Siti Siri Digital Network Private Limited, C&S Medianet Private Limited
Company Secretary28 Sep 201016 Years 0 MonthsAs last reported
Suresh AroraWhole-Time Director29 Mar 20197 Years 6 MonthsAs last reported
Amitabh Kumar
Also directs: Zee Media Corporation Limited
Director30 Dec 20196 Years 9 MonthsAs last reported
Kavita Anand Kapahi
Also directs: Indian Cable Net Company Limited
Director31 Mar 201511 Years 6 MonthsAs last reported
Shilpi Asthana
Also directs: Siti Siri Digital Network Private Limited, Indian Cable Net Company Limited, Reelrush Studios LLP and 4 more
Director27 Dec 20214 Years 9 MonthsAs last reported
Yogesh Sharma
Also directs: Siti Networks India LLP, Indian Cable Net Company Limited
Ceo01 Jan 20224 Years 9 MonthsAs last reported
View all directors and KMP

Auditor

Siti Networks Limited is audited by DNS & Associates for the financial year 2022.

Auditor firmFinancial yearFirm registration number
DNS & AssociatesFY 2022006956C

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 6.10%, foreign institutional investors hold 2.00%, domestic institutional investors hold 2.50% and retail and other public shareholders hold 89.40%.

Promoters: 6.10%DII (Domestic Institutional): 2.50%FII (Foreign Institutional): 2.00%Retail & Others: 89.40%
Sep 2026
QUARTER
6.10% Promoters
2.50% DII (Domestic Institutional)
2.00% FII (Foreign Institutional)
89.40% Retail & Others
Promoter holding - history
Now 6.10% · Sep 2026High 6.10% · Dec 2025Low 6.10% · Dec 2025
5%5.8%6.5%7.3%8%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 6.10%Mar 2026: 6.10%Jun 2026: 6.10%Sep 2026: 6.10%6.10%6.10%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters6.10%6.10%6.10%6.10%
Public93.90%93.90%93.90%93.90%

Charges & borrowings

Open charges
₹2,214.02 Cr
Satisfied charges
₹1,640.25 Cr
Breakdown by lending institutions
Others₹921.90 Cr
Axis Bank Limited₹600.00 Cr
Idbi Bank Limited₹440.00 Cr
Standard Chartered Bank₹252.12 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Feb 2020100330839Others₹5 CrOpen
26 Feb 2020100330837Others₹5 CrOpen
24 Sep 2019100290451Others₹1.9 CrOpen
30 Mar 2019100253899Axis Bank Limited₹175 CrOpen
24 Aug 2018100202413Others₹400 CrOpen

To see the full charge records of Siti Networks Limited, buy the company report.

Total charge records: 37 View all charges

Deals & funding

Siti Networks Limited has 127 deals on record (123 market trades, 3 secondary share transfers, 1 qip); the latest was in August 2024.

Total deals
127
Market trades
123
Secondary share transfers
3
QIP
1

Deals on record (5 of 127)

WhenDealAmountParties
Aug 2024Market trade₹43.5 LakhBuyer: Multiplier Share and Stock Advisors Private Limited
Seller: Multiplier Share and Stock Advisors Private Limited
May 2023Secondary share transferUndisclosedSeller: Housing Development Finance Corporation Limited
Dec 2022Secondary share transferUndisclosedSeller: Housing Development Finance Corporation Limited
Dec 2022Market trade₹2.84 CrBuyer: Achintya Commodities Private Limited
Seller: Achintya Commodities Private Limited
Dec 2022Market trade₹4.24 CrBuyer: Achintya Commodities Private Limited , Agro Trade Solutions
Seller: Achintya Commodities Private Limited , Agro Trade Solutions

To see the full deal history of Siti Networks Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Siti Networks Limited was last rated by Care on 18 Jun 2026.

Rating agencyRated onRating
Care18 Jun 2026

To see the full credit ratings and regulatory alerts of Siti Networks Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Siti Networks Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Siti Networks has 24 subsidiary companies and 2 associated companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.

24
Subsidiary companies
2
Associated companies
Key subsidiaries
Company NameCINShares held
Siti Broadband Services Private LimitedU64100DL2014PTC267911
Siti Jai Maa Durgee Communications Private LimitedU64200DL2011PTC224429
Siti Faction Digital Private LimitedU64200DL2012PTC244184
Siti Global Private LimitedU64200DL2014PTC264632
Siti Prime Uttaranchal Communication Private LimitedU64200DL2014PTC269035
Siti Karnal Digital Media Network Private LimitedU64200DL2014PTC269230

To see the full group structure of Siti Networks Limited, buy the company report.

Employees & EPFO

Siti Networks Limited has a workforce of 197 employees on its EPFO records as of Oct 23, 2024, across 1 active EPFO establishment.

Employee count
197
Active EPFO establishments
1
Employee growth
-9.63%

GST

Siti Networks has 61 GST registrations: 31 active and 30 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
61
Active
31
Cancelled / inactive
30
GSTINStateStatusRegistered on
27AAACW6349M1ZRMaharashtraActive01 Jul 2017
27AAACW6349M1C2MaharashtraActive03 Jul 2019
04AAACW6349M1ZZChandigarhActive01 Jul 2017
05AAACW6349M1ZXUttarakhandActive01 Jul 2017

To see the full GST registrations and return filing status of Siti Networks Limited, buy the company report.

Recent activity

Siti Networks Limited has 64 board changes on record since 2006: 35 appointments and 29 cessations. The latest: Vikram Singh Panwar ceased to be CFO on 15 Sep 2023.

AGM
Siti Networks Limited last Annual general meeting of members was held on 26 Dec 2024 as per latest MCA records.
Filing
Siti Networks Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Vikram Singh Panwar ceased to be CFO.
Ceased
Bhanu Pratap Singh ceased to be Director.
Ceased
Sunil Kumar Maheshwari ceased to be Director.
Appointed
Vikram Singh Panwar was appointed as CFO.
Ceased
Vikash Khanna ceased to be CFO.
Charges
A charge with Others of Rs. 200.00 Cr registered on 05 Jan 2017 with Charge ID 100071114 was modified on 24 Jan 2023.
Appointed
Yogesh Sharma was appointed as CEO.
Ceased
Anil Kumar Malhotra ceased to be Ceo(Kmp).
Appointed
Shilpi Asthana was appointed as Director.
Appointed
Vikash Khanna was appointed as CFO.

128 earlier events are in the company report.

News

NCLAT admits IDBI’s insolvency plea against Zee
31 Aug 2023 · Thehindubusinessline

Frequently asked questions

Siti Networks is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.

Siti Networks is a company under insolvency, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in cable tv and dth services, within the media and publishing industry. It was incorporated on 24 March 2006 and is registered under CIN L64200MH2006PLC160733. Listed on BSE: 532795 and NSE: SITINET. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Siti Networks reported revenue of ₹356.34 Cr for FY 2024-25 (down 17.7% YoY) based on standalone financials.

Siti Networks has 6 current directors and KMP:

The latest financial statements of Siti Networks on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 December 2024. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Siti Networks is L64200MH2006PLC160733. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Siti Networks is a listed company as per MCA records. Its shares are listed on both BSE (code: 532795) and NSE (symbol: SITINET).

Siti Networks has open charges of ₹2,214.02 Cr and satisfied charges of ₹1,640.25 Cr as per latest MCA filings.

Siti Networks has 315 court cases on record: 203 filed by the company and 113 filed against it. 54 are pending. Most are in the high courts.

Siti Networks was incorporated on 24 March 2006. It is registered with the Registrar of Companies, Mumbai.