SITI Networks, also known as Siti Cable, is a publicly owned company headquartered in India. Founded in 1994, it reported $135.3M in revenue as of 2025 and is a tier 2 media tech buyer. The company specializes in telecoms. It operates as part of the Essel Group, based in India, and offers a portfolio of assets across various sectors including media, packaging, entertainment, technology-enabled services, infrastructure development, and education.
On July 31, 2026, MUFG Intime India Pvt. Ltd. issued a confirmation certificate for SITI Networks under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations 2018. The certificate confirmed that securities received from depository participants for dematerialisation during the quarter ended June 30, 2026, were confirmed to depositories, and these securities are listed on the stock exchanges where earlier issued securities are listed. Earlier on July 31, 2026, Siti Networks Limited defaulted on interest payments and principal repayments for loans from banks, totaling INR 1206.03 crore, out of a total financial indebtedness of INR 1500 crore. The company failed to pay term loan installments to lenders including ARCIL, IDBI Bank, RBL, Axis Bank, ABFL, IndusInd Bank, Vani Agencies Pvt. Ltd., and ICNCL. The National Company Law Tribunal previously ordered financial creditors to remit amounts back to the corporate debtor with accrued interest, and a Resolution Professional admitted Vani Agencies Pvt. Ltd.'s claim as a financial debt.
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SITI Networks offers 3 products in the media and telecoms services industry. SITI Networks's product portfolio comprises of telecoms and media and TV services.
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SITI Networks's revenues were $135.3M in 2025. Caretta Research has split SITI Networks's revenue into 2 different product categories, the largest of which is consumer broadband, which represents 67% of SITI Networks's revenue.
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