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Siti Networks Limited

Provides cable TV and broadband services to customers across India with a large network and subscriber base.
2006 | Mumbai, Maharashtra (India) | Under Insolvency

Last Updated:

October 23, 2024
HomeCompanySiti Networks Limited

Who are the key members and board of directors at Siti Networks?

Executive Team (2)

NameDesignationAppointment DateStatus
Suresh Kumar InCompany Secretary28-Sep-2010Current
Yogesh SharmaCEO01-Jan-2022Current

Board Members(4)

NameDesignationAppointment DateStatus
Suresh Arora In Whole-Time Director 29-Mar-2019Current
Amitabh Kumar In Director 30-Dec-2019Current
Kavita Kapahi In Director 31-Mar-2015Current
Shilpi Asthana In Director 27-Dec-2021Current

Financial Performance and Corporate Structure Insights of Siti Networks.

Siti Networks Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 15.75% decrease. The company also saw a substantial fall in profitability, with a 12.73% decrease in profit. The company's net worth observed a substantial decline by a decrease of 64.64%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-15.75%
Revenue from Operations
-15.89%
Total Assets
-12.07%
Profit or Loss
-12.73%
Net Worth
-64.64%
EBITDA
-49.48%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹2,214.02 Cr

₹1,640.25 Cr

LenderAmountStatus

Others

Creation Date: 26 Feb 2020
₹5.00 CrOpen

Others

Creation Date: 26 Feb 2020
₹5.00 CrOpen

Others

Creation Date: 24 Sep 2019
₹1.90 CrOpen

How Many Employees Work at Siti Networks?

Siti Networks has a workforce of 197 employees as of Oct 23, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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Latest Updates, News, and FAQs on Siti Networks

Recent activity within the organization

  • Annual General Meeting

    Siti Networks Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Siti Networks Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 200.00 Cr registered on 05 Jan 2017 with Charge ID 100071114 was modified on 24 Jan 2023.

    24 Jan 2023

  • Director Appointment

    Shilpi Asthana was appointed as a Director was appointed as a Director on 27 Dec 2021 & has been associated with this company since 2 years 11 months .

    27 Dec 2021

  • Charges

    A charge registered on 29 Dec 2014 via Charge ID 10543010 with Ing Vysya Bank Limited was fully satisfied on 06 May 2021.

    06 May 2021

  • Charges

    A charge registered on 29 Dec 2014 via Charge ID 10543013 with Others was fully satisfied on 06 May 2021.

    06 May 2021

Frequently asked questions

  • Siti Networks Limited was incorporated on 24 Mar 2006.

  • The authorized share capital of Siti Networks Limited is ₹ 130.00 Cr and paid-up capital is ₹ 87.21 Cr.

  • Currently 6 directors are associated with Siti Networks Limited.

    • Amitabh Kumar
    • Suresh Arora
    • Kavita Anand Kapahi
    • Shilpi Asthana
    • Suresh Kumar
    • Yogesh Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Siti Networks Limited is Unit No. 38 1St Floor A Wing Madhu Industrial Estate P.B. Mar G, Worli India, Mumbai, Maharashtra, 400013.

  • The corporate identification number (CIN) of Siti Networks Limited is L64200MH2006PLC160733 and the company number is 160733 as per Ministry of Corporate Affairs (MCA).

  • Yes, Siti Networks Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): SITINET.

  • The Official website of Siti Networks Limited is https://www.sitinetworks.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Siti Networks Limited has fallen by -15.75%.

  • As Per 2022 financial reports, 197 employees are currently employed by Siti Networks Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Siti Networks Limited has experienced an downturn of -64.64%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Siti Networks Limited amount to ₹ 2,214.02 Cr.

  • The most recent Balance Sheet for Siti Networks Limited was filed with the ROC on 31 Mar 2023.

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