Siti Networks Limited
0.23
INR
0.00
(0.00%)
ISIN
INE965H01011
Return %
Stock
S&P 500
1Y
-50.00
14.20
3Y
-69.33
81.12
5Y
-87.89
68.34
Capital Structure
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Yogesh Sharma
- Full Time Employees
- 189
- Sector
- Consumer services
- Industry
- Cable/Satellite TV
- Address
- Upper Ground Floor, FC-19 & 20 Noida UP India 201301
- IPO Date
- Jan 10, 2007
- Website
- sitinetworks.com
- Similar Companies
- Business
- SITI Networks Limited, formerly known as SITI Cable Network Limited, is a multi-system operator (MSO) that provides cable television network, internet, and allied services in India. The company offers digital and analogue cable television, broadband internet services, and local television channels under the SITI brand; its advanced services include video on demand, pay per view, over-the-top (OTT) content, electronic programming guide (EPG), and gaming delivered through set-top boxes (STBs). SITI Networks operates a network exceeding 33,000 kilometers of optical fiber and coaxial cable with 15 digital headends, serving approximately 580 locations across India through over 24,000 local cable operator (LCO) partners and reaching more than 11.3 million digital customers. Founded in 1994 and headquartered in Noida, Uttar Pradesh, the company targets residential and commercial consumers in the media and entertainment sector. In recent developments, SITI Networks remains under the Corporate Insolvency Resolution Process (CIRP) initiated by the National Company Law Tribunal (NCLT) on February 22, 2023, with the process upheld by the National Company Law Appellate Tribunal (NCLAT) following dismissal of appeals; creditor claims have escalated to around Rs 1,500 crore, accompanied by defaults on term loan installments and interest payments as of October 31, 2025, as well as workforce reductions impacting over 400 employees amid ongoing financial challenges. The NCLT's October 1, 2024 order fixed the insolvency commencement date and maintained a moratorium under Section 14 of the Insolvency and Bankruptcy Code, with Rohit Mehra reinstated as Interim Resolution Professional (IRP); recent creditor committee meetings and claim revisions continue as of late 2025, reflecting persistent operational and restructuring efforts.