WWIL was formed as a part of the de-merger of Zee Entertainment Enterprises Limited – ZEEL, formerly known as Zee Telefilms Limited (ZTL) – the publicly listed flagship company of Zee Group. As per the Scheme of Arrangement approved by the High Court in Mumbai, all the cable TV distribution business within ZEEL and Siti Cable Networks Limited (Siti Cable) was transferred to WWIL as of 31 March 2006. Siti Cable was a 100% subsidiary of Zee Telefilms Limited. The cable operations of Siti Cable were launched in June 1994. SITI Cable was known as Wire and Wireless (India) Limited till 5 September 2012 wherein after it is renamed as SITI Cable Network Limited it is renamed as SITI NETWORK LIMITED
Fall of promoters' shareholding
In October 2021, it was reported that promoters of Essel Group only had 6.1% stake left in Siti Networks. Ltd.
References
^Kar, Ayushi. "Unpaid dues: Operational creditors may drag Siti Networks to NCLT". @businessline. Retrieved 18 October 2021.
^Finally, tipping point for Cable Television – DNA Analysis
siti, networks, this, article, needs, additional, citations, verification, please, help, improve, this, article, adding, citations, reliable, sources, unsourced, material, challenged, removed, find, sources, news, newspapers, books, scholar, jstor, 2016, learn. This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Siti Networks news newspapers books scholar JSTOR May 2016 Learn how and when to remove this template message Siti Networks Ltd formerly known as Wire and Wireless India Limited WWIL is a multi system operator MSO promoted by the Essel Group now just 6 1 minority stake holder 1 The company provides digital cable television services in India and is headquartered in Noida Uttar Pradesh 2 3 non primary source needed Siti Networks LtdTypePublicTraded asBSE 532795NSE SITICABLEIndustryMedia amp EntertainmentFoundedJune 1994HeadquartersNoida Uttar Pradesh IndiaArea servedIndiaKey peopleSubhash Chandra chairman ProductsDigital cable televisionBroadband internetLocal cable TV channelsWebsitesitinetworks wbr com Contents 1 History 1 1 Fall of promoters shareholding 2 References 3 External linksHistory EditWWIL was formed as a part of the de merger of Zee Entertainment Enterprises Limited ZEEL formerly known as Zee Telefilms Limited ZTL the publicly listed flagship company of Zee Group As per the Scheme of Arrangement approved by the High Court in Mumbai all the cable TV distribution business within ZEEL and Siti Cable Networks Limited Siti Cable was transferred to WWIL as of 31 March 2006 Siti Cable was a 100 subsidiary of Zee Telefilms Limited The cable operations of Siti Cable were launched in June 1994 SITI Cable was known as Wire and Wireless India Limited till 5 September 2012 wherein after it is renamed as SITI Cable Network Limited it is renamed as SITI NETWORK LIMITED Fall of promoters shareholding Edit In October 2021 it was reported that promoters of Essel Group only had 6 1 stake left in Siti Networks Ltd References Edit Kar Ayushi Unpaid dues Operational creditors may drag Siti Networks to NCLT businessline Retrieved 18 October 2021 Finally tipping point for Cable Television DNA Analysis Sudhir Agarwal Chief Executive Officer CEO Wire and Wireless India Ltd External links EditOfficial website Retrieved from https en wikipedia org w index php title Siti Networks amp oldid 1117751376, wikipedia, wiki, book, books, library,
