Siti Networks Appoints Vijaya Gupta & Co. as New Auditor

Siti Networks Ltd. is undergoing Corporate Insolvency Resolution Process (CIRP) following a National Company Law Tribunal (NCLT) order on February 22, 2023. The company has appointed M/s. Vijaya Gupta & Co., Chartered Accountants, as its new statutory auditor for the financial years 2025-26 and 2026-27. This appointment is consequent to the approval of the Committee of Creditors (CoC) under the Insolvency and Bankruptcy Code, 2016. Vijaya Gupta & Co. replaces M/s. DNS & Associates, who have resigned. The new auditor has over 45 years of experience, particularly in banking, corporate, and regulatory domains.