NSEAction(s) initiated or orders passed6 Oct 2026 · 6 Oct 2026, 11:18 pm

Action(s) initiated or orders passed

Reliance Communications Limited · RCOM

✦ AI Summary▼ NegativeRegulatory

Reliance Communications Limited has received a communication from the Department of Telecommunications regarding the termination of the telecom spectrum assigned to the company and its subsidiary, Reliance Telecom Limited, due to violations of provisions of the Notice Inviting Applications and a Supreme Court judgment.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern3/10
Regulatory Risk9/10
Balance Sheet Risk6/10
Liquidity Impact4/10
Market Sentiment2/10

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Reliance Communications Limited has informed the Exchange about Action(s) initiated or orders passed

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RCOM_06102026231513_DisclosureSEterminationofassig.pdf

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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 October 06, 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 Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended from time to time) – Termination of the telecom spectrum assigned to Reliance Communications Limited / Reliance Telecom Limited through auctions held in 2010, 2013, 2014, 2015 and 2016 for violations of provisions of respective Notice Inviting Applications and judgement passed by the Hon'ble Supreme Court judgment dated 13.2.2026 in Civil Appeal No. 1810 of 2021. Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended from time to time) (“SEBI Listing Regulations”), read with sub-clause 20 under Para A of Part A of Schedule III of the SEBI Listing Regulations, we wish to inform you that the Company has received communications dated 5 October 2026 (“Letters”) from the Department of Telecommunications, Ministry of Communications, Government of India ("DoT"), regarding termination of spectrum assigned to Reliance Communications Limited ("RCOM") and Reliance Telecom Limited ("RTL"), a wholly owned subsidiary of RCOM (collectively called as the “RCOM Group of Companies”) pursuant to auctions conducted in the years 2010, 2013, 2014, 2015 and 2016. Vide the Letters, the DoT after considering the response submitted by the RCOM Group of Companies dated 07.08.2026 to notices issued earlier by the DoT dated 08.07.2026, and in exercise of the powers vested with the Central Government under the applicable Notices Inviting Applications (“NIAs”) and the terms and conditions governing the assignment of the spectrum to the RCOM Group of Companies respectively, has terminated with immediate effect, the spectrum assigned to the RCOM Group of Companies pursuant to the auctions held in the years 2010, 2013, 2014, 2015 and 2016, as further detailed in the Letters. The Department has further directed the RCOM Group of Companies to take all necessary steps to cease and desist from the use and operation of all wireless networks/services based on the spectrum covered in terms of the Letters and to comply with all consequential directions that may be issued by the DoT in relation to the same. The Company is evaluating the implications of the said communication / Letters and will take appropriate steps in accordance with applicable laws. The details required to be disclosed pursuant to Regulation 30 of the Listing Regulations read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed herewith as Annexure A. The aforesaid Letters dated 05.10.2026 issued by the DoT to RCOM Group of Companies are enclosed herewith as Annexure B. Registered Office: Reliance Communications Limited. H Block, 1st Floor, Dhirubhai Ambani Knowledge City, Navi Mumbai - 400 710 CIN No.: L45309MH2004PLC147531 Reliance Communications Tel : +91 022 3038 6286 Limited Dhirubhai Ambani mca.rocfiling@rcom.co. Knowledge City Navi Mumbai - 400 710, www.rcom.co.in India 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 CIN No.: L45309MH2004PLC147531 Reliance Communications Tel : +91 022 3038 6286 Limited Dhirubhai Ambani mca.rocfiling@rcom.co. Knowledge City Navi Mumbai - 400 710, www.rcom.co.in India Annexure - A Disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended from time to time) 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) Sr. Particulars Details of Reliance Details of RTL (wholly Communications owned subsidiary of the Limited/ Company Company) Department of Department of 1 Name of the authority Telecommunications, Telecommunications, Ministry of Ministry of Communications, Communications, Government of India Government of India (“DoT”) (“DoT”) DoT, vide communication DoT, vide communication 2 Nature and details of the dated October 5, 2026, dated October 5, 2026, has action (s) taken, or order (s) has terminated with terminated with immediate passed immediate effect the effect the spectrum spectrum assigned to assignments of Reliance Reliance Communications Telecom Limited pursuant Limited pursuant to to auctions conducted in auctions conducted in 2010, 2013, 2014, 2015 and 2010, 2013, 2014, 2015 2016, as applicable. and 2016, as applicable. Consequently, the Consequently, the concerned spectrum concerned spectrum assignments stand assignments stand withdrawn/reverted to the withdrawn/reverted to the Central Government with Central Government with immediate effect and RTL immediate effect and the ceases to have any right to Company ceases to have use such spectrum. any right to use such spectrum. 3 Date of receipt of direction October 5, 2026 October 5, 2026 or order, including any ad- interim or interim orders, or any other communication from the authority 4 Details of the DoT has stated that the DoT has stated that the violation(s)/contravention(s) RCOM Group of Company failed to comply committed or alleged to be Companies failed to with the applicable terms committed comply with the and conditions of the applicable terms and respective notices inviting conditions of the applications including Registered Office: Reliance Communications Limited. H Block, 1st Floor, Dhirubhai Ambani Knowledge City, Navi Mumbai - 400 CIN No.: L45309MH2004PLC147531 Reliance Communications Tel : +91 022 3038 6286 Limited Dhirubhai Ambani mca.rocfiling@rcom.co. Knowledge City Navi Mumbai - 400 710, www.rcom.co.in India respective ‘notices payment obligations inviting applications’, relating to deferred including payment spectrum instalments and obligations relating to other applicable deferred spectrum spectrum-related instalments and other charges. In respect of applicable spectrum- spectrum acquired related charges. In through the respective respect of spectrum auction, DoT has also acquired through the stated that RTL failed to respective auction, DoT comply with prescribed has also stated that the roll-out obligations and Company failed to defaulted in payment of comply with prescribed spectrum usage charges roll-out obligations and and liquidated damages. defaulted in payment of spectrum usage charges and liquidated damages. This will have an impact This will have an impact on 5 Impact on financial, on the Company, RTL (subsidiary of the operation or other activities including the resolution Company), including the of the listed entity, plan of the Company, as resolution plan of RTL, as quantifiable in monetary the said resolution plan the said resolution plan terms to the extent possible provides for sale of the provides for sale of [Showing first 8,000 characters — download PDF for full document]