Further to its earlier communication 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'), Siti Networks has informed that in the petition filed by IndusInd Bank 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. The copy of order of NCLT in this context is awaited. The Company shall update the requisite details in this regard as per Listing Regulations, once copy of said order is received.
The above information is a part of company’s filings submitted to BSE.
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TV18 Broadcast | 42.78 |
Den Networks | 50.69 |
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