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SITI Networks Discloses ₹1,206 Cr Default Amid Ongoing Insolvency

AuthorAkshat Lakshkar|Published at:2nd March 2026, 5:13 pm Overview SITI Networks Limited has formally disclosed a significant default on interest and principal payments for loans totalling ₹1,206.03 crore. This disclosure comes as the company continues its Corporate Insolvency Resolution Process (CIRP), initiated in February 2023. The ongoing legal proceedings and financial distress highlight a critical situation…