November 23, 2022 | |
BSE Limited | National Stock Exchange of India Limited |
Phiroze Jeejeebhoy Towers, Dalal | Exchange Plaza, Plot No. C/1, |
Street, | G Block, Bandra - Kurla Complex, Bandra |
Mumbai 400 001 | (East), Mumbai 400 051 |
Scrip Code: 500325 | Trading Symbol: RELIANCE |
Dear Sirs, |
Sub.: News Clarification - "Jio gets NCLT approval to acquire Reliance Infratel"
We refer to your letter / email dated November 22, 2022 seeking clarification on the news item "Jio gets NCLT approval to acquire Reliance Infratel" which appeared in the "www.freepressjournal.in" dated November 21, 2022.
Please find enclosed the disclosure dated December 4, 2020 made by the Company in respect of the above matter under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") informing that the resolution plan submitted by Reliance Projects & Property Management Services Limited, a wholly owned subsidiary of the Company, for the resolution of Reliance Infratel Limited has been approved by the Hon'ble National Company Law Tribunal, Mumbai Bench ("NCLT") vide its order dated December 3, 2020.
The subject news item pertains to the order passed by NCLT in which NCLT has directed that the resolution amount be deposited in an escrow account pending settlement of the disputes among the creditors of Reliance Infratel Limited with respect to inter se distribution.
Accordingly, there is no new development requiring a disclosure by the Company under the Listing Regulations.
We have made and will continue to make disclosures in compliance with our obligations under the Listing Regulations and our agreements with the stock exchanges.
Thanking you
Yours faithfully,
For Reliance Industries Limited
SAVITHRI PAREKH
Digitally signed by
SAVITHRI PAREKH Date: 2022.11.23 12:00:19 +05'30'
Savithri Parekh
Company Secretary and
Compliance Officer
Encl.: as above
Regd. Office: 3rd Floor, Maker Chambers IV, 222, Nariman Point, Mumbai- 400 021, India
Phone #: +91-22-3555 5000, Telefax: +91-22-2204 2268. E-mail:investor.relations@ril.com, Website: www.ril.com
CIN- L17110MH1973PLC019786
December 4, 2020 | |
BSE Limited | National Stock Exchange of India Limited |
Phiroze Jeejeebhoy Towers, | Exchange Plaza, |
Dalal Street, | Plot No. C/1, G Block, Bandra - Kurla Complex, |
Mumbai 400 001 | Bandra (East), |
Mumbai 400 051 | |
Scrip Code: 500325 / 890147 | Trading Symbol: RELIANCE / RELIANCEPP |
Dear Sirs, |
Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Resolution Plan submitted for acquisition of Reliance Infratel Limited, approved by National Company Law Tribunal
Further to our disclosure dated March 6, 2020, we wish to inform that the resolution plan submitted by Infrastructure Projects - a division of Reliance Projects & Property Management Services Limited (formerly known as Reliance Digital Platform & Project Services Limited), a wholly owned subsidiary of Reliance Industries Limited, for the resolution of M/s. Reliance Infratel Limited, under the Corporate Insolvency Resolution Process of the Insolvency and Bankruptcy Code 2016, has been approved by the Hon'ble National Company Law Tribunal - Court - I, Mumbai Bench vide its Order dated December 3, 2020, passed in IA No. 920 of 2020 in C.P. (IB) No. 1385/MB/2017.
Kindly take the same on record.
Thanking you,
Yours faithfully,
For Reliance Industries Limited
Savithri Parekh
Joint Company Secretary and Compliance Officer
Copy to: | |
The Luxembourg Stock Exchange | Singapore Stock Exchange |
Societe de la Bourse de Luxembourg | 2 Shenton Way, #19- 00 SGX Centre 1, |
35A boulevard Joseph II | Singapore 068804 |
B P 165, L-2011 Luxembourg |
Regd. Office: 3rd Floor, Maker Chambers IV, 222, Nariman Point, Mumbai- 400 021, India
Phone #: +91-22-3555 5000, Telefax: +91-22-2204 2268. E-mail: investor.relations@ril.com, Website: www.ril.com
CIN- L17110MH1973PLC019786
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Reliance Industries Ltd. published this content on 23 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 November 2022 09:14:04 UTC.