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Nazara TechnologiesNAZARA	₹384.70 -8.15 (2.07%)	L H	15,073.59	--	3.95
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BSE • 13 minutes ago

Siti Networks Limited disclosed loan defaults across lenders including Axis Bank, ARCIL, and IDBI Bank, with total claims submitted reaching INR 1,500 crore as of August 10, 2023, compared to INR 1,206.1 crore as of February 22, 2023. The company is undergoing Corporate Insolvency Resolution Process under the IBC, with NCLT Mumbai approving Trupal J. Patel as the new Resolution Professional, while related financial creditor appeals remain pending before the Supreme Court.

BSE • 1 month ago

Siti Networks disclosed defaults on loan payments, including principal and interest, totaling Rs 1,500 crore. The company is undergoing CIRP; its board powers are suspended and vested in the Interim Resolution Professional.

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