Fraud/Default/Arrest

Tel : +91 022 3038 6286 Reliance Communications Limited mca.rocfiling@rcom.co.in Dhirubhai Ambani Knowledge City Navi Mumbai - 400 710, India www.rcom.co.in September 08, 2026 The General Manager The Manager Corporate Relationship Department National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, C/1, Block G PhirozeJeejeebhoy Towers Bandra - Kurla Complex, Bandra (East) Dalal Street, Fort, Mumbai 400 051 Mumbai 400 001 BSE Scrip Code: 532712 NSE Symbol: RCOM Sub.: Intimation in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Ref.: Letter dated September 04, 2026 bearing reference no. MC/RL/WILFUL/RTEL/FINAL/JT/2026/126 received by Reliance Telecom Limited (“RTL”) from Canara Bank on September 07, 2026 (“Letter”) Dear Sir(s), With reference to the above, this disclosure is being made pursuant to sub-clause 6 under Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time (“Listing Regulations”). This is to inform you that Reliance Telecom Limited (“RTL”), a subsidiary of Reliance Communications Limited (“RCOM”), has received the aforementioned letter from Canara Bank. In the said Letter, Canara Bank has, inter alia, informed RTL that the Review Committee for Wilful Defaulters of the Bank, vide its decision dated August 31, 2026, has concluded that there are sufficient grounds for classification of Reliance Telecom Limited as a “Wilful Defaulter” in accordance with the applicable guidelines issued by the Reserve Bank of India (“RBI”). The Letter further states that the promoter of the holding company, Reliance Communications Limited, (in his capacity as an erstwhile chairman & director of RCOM), has also been classified as a “Wilful Defaulter” in accordance with the applicable RBI guidelines.” Pursuant to Regulation 30(2) of the Listing Regulations read with SEBI Circular HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 issued on July 11, 2023 (last updated on January 30, 2026), the requisite disclosure with respect to the above, is set out in Annexure A to this letter. A copy of the Letter received by the RTL from Canara Bank is attached herewith as Annexure B, for your ready reference. You are requested to kindly take the above information on record. Thanking you. Yours faithfully, For Reliance Communications Limited Rakesh Gupta Company Secretary (Reliance Communications Limited is under corporate insolvency resolution process pursuant to the provisions of the Insolvency and Bankruptcy Code, 2016. With effect from June 28, 2019, its affairs, business and assets are being managed by, and the powers of the board of directors are vested in, the Resolution Professional, Mr. Anish Niranjan Nanavaty, appointed by Hon'ble National Company Law Tribunal, Mumbai Bench, vide order dated June 21, 2019 which was published on the website of the Hon'ble National Company Law Tribunal, Mumbai Bench on June 28, 2019). Registered Office: Reliance Communications Limited. H Block, 1st Floor, Dhirubhai Ambani Knowledge City, Navi Mumbai - 400 710 CIN No.: L45309MH2004PLC147531 Annexure A Disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11, 2023 (last updated on January 30, 2026) Disclosure regarding the aforementioned Letter received from Canara Bank dated September 04, 2026 and received on September 07, 2026 by Reliance Telecom Limited. Sr. Particulars Details of Reliance Telecom Details of promoter of the Limited“RTL”(subsidiary of holding company (in his the Company) capacity as an erstwhile chairman & director of RCOM) Nature of Canara Bank, vide its letter Canara Bank, vide its letter fraud/default/arrest dated September 04, 2026, dated September 4, 2026, has informed RTL that the informed that the Review Review Committee, vide its Committee, by its decision decision dated August 31, dated August 31, 2026, 2026, has classified RTL as classified the promoter of a “Wilful Defaulter” in Reliance Communications accordance with the Limited, (in his capacity as applicable RBI guidelines. an erstwhile Chairman & Director of RCOM), as a “Wilful Defaulter” under the applicable RBI guidelines. Estimated impact on the Both RCOM as well as RTL Both RCOM and RTL are listed entity (being the are undergoing corporate undergoing corporate Company) insolvency resolution insolvency resolution process (“CIRP”) under the process (“CIRP”) under the Insolvency and Bankruptcy Insolvency and Bankruptcy Code, 2016 (“Code”). The Code, 2016 (“Code”). The resolution plans in respect resolution plans in respect of of RCOM and RTL, have RCOM and RTL, have been been approved by the approved by the committees committees of creditors of of creditors of RCOM and RCOM and RTL RTL respectively, in respectively, in accordance accordance with the Code with the Code and are and are presently awaiting presently awaiting approval approval of the Hon’ble of the Hon’ble National National Company Law Company Law Tribunal, Tribunal, Mumbai Bench Mumbai Bench (“NCLT”). (“NCLT”). The loan account referred in RCOM is under the control of the Letter pertain to the the resolution professional period prior to the CIRP of and the promoter of Reliance RTL, and is required in Communications Limited has terms of the Code, to be ceased to be a chairman and necessarily resolved as a director of RCOM with effect Registered Office: Reliance Communications Limited. H Block, 1st Floor, Dhirubhai Ambani Knowledge City, Navi Mumbai - 400 CIN No.: L45309MH2004PLC147531 part of a resolution plan or in from November 15, 2019. liquidation, as the case may be. The loan account referred in the Letter pertain to the Further, with respect to period prior to the CIRP of certain transactions as RTL, and is required in terms identified in the Letter, the of the Code, to be resolution professional of necessarily resolved as a RTL has already filed part of a resolution plan or in avoidance applications in liquidation, as the case may terms of the provisions of be. the Code with the NCLT, which are presently sub- Furthermore, legal advice is judice, and the treatment being sought on the way thereof shall be in forward with respect to this accordance with the development. decision of the NCLT read together with the applicable provisions of the resolution plan of RTL. With respect to the impact on the listed entity (being RCOM), please further note that during the CIRP, both RCOM and RTL are inter alia protected from, the institution/ continuation of any suits/ proceedings against RCOM and RTL, including the execution of any judgement, decree or order in any court of law, tribunal, arbitration panel or other authority in light of Section 14(1)(a) of the Code. Section 32A of the Code in any case grants protection to a corporate debtor against any liability for an offence committed by the corporate debtor prior to the commencement of its CIRP, as well as from prosecution of any offence in relation thereto, from the date the resolution plan in respect of such corporate debtor has been approved by the NCLT under Section 31 of the Code (if the resolution plan Registered Office: Reliance Communications Limited. H Block, 1st Floor, Dhirubhai Ambani Knowledge City, Navi Mumbai - 400 CIN No.: L45309MH2004PLC147531 results in the change in the management or control of the corporate debtor in the manner prescribed under Section 32A of the Code). To that extent, it may be noted that by virtue of the protection made available under Section 32A of the Code, upon the approval of the resolution plan in respect of RCOM as well RTL by the NCLT, both RCOM and RTL shall be deemed to have immunity against any liability for any purported offences committed by RCOM / RT [Showing first 8,000 characters — download PDF for full document]