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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Siti Networks Ltd

Siti Networks Ltd: Viay Gupa & Co appointed as Auditors

REGULATORY ◆ Monitor Closely HIGH RISK
📅 Filed on BSE: 07 Jul 2026, 12:52 PM IST  ·  BSE ID: 277321db-3f95-4181-85fe-9fd766e44246
View Original BSE Filing (PDF)
💡
In Simple Terms
The company appointed new auditors due to its ongoing insolvency process.
🤖 AI Summary
  • Siti Networks Ltd appointed Viay Gupa & Co as statutory auditors.
  • Auditors appointed for financial years 2025-26 and 2026-27.
  • Committee of Creditors approved the appointment.
  • Company is undergoing Corporate Insolvency Resolution Process (CIRP).
🔢 Key Numbers — exact figures from BSE filing, not rounded
Financial Year for Audit
2025-26 and 2026-27
🏢 How This Affects the Company
💰
Financial Impact
The appointment of auditors is a procedural step required during the CIRP, impacting financial reporting timelines.
⚙️
Operational Impact
Operational processes now include engaging with new statutory auditors for financial year-end audits.
⚠️
Risk Impact
Ensures compliance with audit requirements during insolvency, mitigating risk of non-adherence.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders regarding this auditor appointment.
👤
Who Is Affected
All shareholders of Siti Networks Ltd are affected by the ongoing CIRP and subsequent procedural appointments.
🔍
Management Signal
The appointment signals continued progress with the mandated insolvency resolution process.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Committee of Creditors meeting outcomes regarding resolution plan.
NCLT approval status for any submitted resolution plan.
Update on CIRP proceedings and timeline extensions.
HIGH RISK Company is under Corporate Insolvency Resolution Process (CIRP).
💡 Investor Takeaway
Siti Networks Ltd appointed Viay Gupa & Co as auditors for FY26 and FY27, a step necessitated by its ongoing CIRP since February 2023.
📅 Company Track Record
Siti Networks Ltd has been in default on bank debt, with an insolvency proceeding ongoing since February 2023.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
Who has been appointed as the statutory auditor for Siti Networks Ltd?
Viay Gupa & Co has been appointed as the statutory auditor for Siti Networks Ltd.
For which financial years are the new auditors appointed?
The new auditors, Viay Gupa & Co, are appointed for the financial years 2025-26 and 2026-27.
Why is Siti Networks Ltd undergoing CIRP?
Siti Networks Ltd is undergoing CIRP pursuant to an order passed by the Hon'ble NCLT, Mumbai dated February 22, 2023.
Who approved the appointment of the new auditors?
The appointment of the new statutory auditors was approved by the Committee of Creditors.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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