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Siti Networks Ltd

Corporate Insolvency Resolution Process (CIRP)-Appointment of Interim Resolution Professional (IRP)

07:31 PM, 23rd Feb 2023

This is in continuation of our yesterdays communication (i.e. dated February 22 2023) 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) wherein we have informing that in the petition filed by IndusInd Bank Ltd. against the Company under Section 7 of the Insolvency & Bankruptcy Code 2016 (Code) the Honble 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. In this regard we are enclosing herewith as Annexure - A said order dated February 22 2023 which is uploaded today i.e. February 23 2023 on the website of the Honble NCLT.

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