Siti Networks Limited has informed the Exchange regarding submission of machine readable form/legible copy of financial results that the Company already submitted the Financial Results f for the second quarter of the financial year 2024-25 and half year ended on September 30, 2024 in machine readable form/legible copy. However, we are once again submitting the same in machine readable form/legible copy ''.

Siti Networks is resubmitting its Q2 FY25 and half-year ended September 30, 2024 unaudited financial results to NSE in machine readable format, as the exchange had flagged the earlier submission. The company continues to be under the Corporate Insolvency Resolution Process (CIRP) initiated in February 2023, with Mr. Rohit Mehra as Resolution Professional and the Board of Directors' powers suspended. For Q2 FY25, the company posted a standalone net loss of ₹453.12 million and a consolidated net loss of ₹540.52 million, taking standalone accumulated losses to ₹28,817.95 million with a negative net worth of ₹11,882.65 million. Statutory auditors have disclaimed their opinion, citing material uncertainty over the company's ability to continue as a going concern, pending a successful resolution plan. Multiple subsidiaries, including Siti Broadband Services, are also under CIRP, and lenders have classified loans as non-performing assets (NPAs).