June 14, 2022

BSE Limited

National Stock Exchange of India Limited

Phiroze Jeejeebhoy Towers,

Exchange Plaza, 5th Floor, Plot No. C/1,

Dalal Street, Fort,

G Block, Bandra Kurla Complex,

Mumbai 400 001

Bandra (East), Mumbai 400 051

BSE Scrip Code: 500111

NSE Scrip Symbol: RELCAPITAL

Dear Sir(s),

Ref.: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Sub.: Extension of time for completion of CIRP

This has reference to our intimation dated December 7, 2021 regarding the initiation of corporate insolvency resolution process ("CIRP") in the case of Reliance Capital Limited ("the Company") under Section 227 read with clause (zk) of sub-section (2) of Section 239 of the Insolvency and Bankruptcy Code, 2016 (Code) and Rules 5 and 6 of the Insolvency and Bankruptcy (Insolvency and Liquidation Proceedings of Financial Service Providers and Application to Adjudication Authority) Rules, 2019 ("FSP Insolvency Rules").

The Hon'ble National Company Law Tribunal, Mumbai, vide its order dated June 2, 2022 in IA 1240/2022 of CP(IB)1231/MB/2021, extended the timeline for completion of CIRP by a period of 90 days i.e. till September 2, 2022. The copy of the said order is enclosed herewith.

Kindly take the same on records.

Thanking you.

Yours faithfully,

For Reliance Capital Limited

Atul Tandon

Company Secretary & Compliance Officer

Encl.: As Above.

NATIONAL COMPANY LAW TRIBUNAL

COURT-I, MUMBAI

Item 2

IA 1240/2022 In CP (IB)1231/MB/2021

CORAM:

SH. KAPAL KUMAR VOHRA

JUSTICE P. N. DESHMUKH (Retd.)

HON'BLE MEMBER (T)

HON'BLE MEMBER (J)

ORDER SHEET OF THE HEARING ON 02.06.2022

NAME OF THE PARTIES: -

NAGESWARA RAO Y

Vs

RELIANCE CAPITAL LTD

IN THE MATTER OF

Reserve Bank of India

Vs

RELIANCE CAPITAL LTD

Appearance (via video-conference):

For the Applicant

:

Sr. Adv. Gaurav Joshi

Section 60(5) and 7 of Insolvency and Bankruptcy Code, 2016

ORDER

Counsel, Mr. Gaurav Joshi appeared for the Applicant. This Application is filed for extension of time by 90 days for completion of CIRP which is expiring on 4th June 2022 when 180 days will be over. Counsel appearing for the Applicant stated that they have received 56 Applications in response to Expression of interest and there are formalities for approval of the Resolution Plan from the financial regulator which will also require few weeks.

In view of the above circumstances, the prayer for extension of time for 90 days is allowed. Accordingly, CIRP stands extended till 2nd September 2022. IA 1240 of 2022 is allowed and disposed of in terms of the above.

Sd/-

Sd/-

K. K. VOHRA

JUSTICE P. N. DESHMUKH

Member (Technical)

Member (Judicial)

ANKIT

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Reliance Capital Limited published this content on 14 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 June 2022 17:12:05 UTC.