Fraud/Default/Arrest

Reliance Communications Limited Tel : +91 022 3038 6286 Dhirubhai Ambani Knowledge City Fax: +91 022 3037 6622 Navi Mumbai - 400 710, India www.rcom.co.in November 04, 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 Dear Sir(s), Sub: Letter received from State Bank of India (SBI) - Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Reference: State Bank of India Letter No. SAMB-III/WD-RCOM/26-27/199 dated October 31, 2026 With reference to the above, this disclosure is being made pursuant to sub-clause 6 under Clause A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is to inform you that the Company has received communication letter dated October 31, 2026 (received on 03rd November 2026) from State Bank of India ("SBI"), bearing reference number SAMB-III/WD- RCOM/26-27/199, addressed to the Company and its erstwhile Promoter. Vide the aforesaid communication, SBI has informed that the Review Committee for Wilful Defaulters ("RCIWD"), after examination of the submissions/representations made on behalf of the Company, has rejected the said representations and decided to proceed with forwarding the Company's name to the Credit Information Companies (CICs) for necessary action in connection with its inclusion in the list of Wilful Defaulters. Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), read with Schedule III thereto and the applicable provisions of the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, the requisite disclosure is set out in Annexure A to this letter. A copy of the letter received by the Company 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, businessand 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 dated January 30, 2026 Disclosure regarding letter received from State Bank of India classifying accounts of the Company as “fraud” (“Letter”). Sr. Particulars Details of Reliance Communications Limited Nature of fraud/default/arrest SBI has communicated the decision of its Review Committee rejecting the representation and proceeding with forwarding the Company's name to CICs for inclusion in the list of Wilful Defaulters. Estimated impact on the listed entity; The Company is undergoing corporate insolvency resolution process (“CIRP”) under the Insolvency and Bankruptcy Code, 2016 (“Code”). A resolution plan has been approved by the committee of creditors of the Company in accordance with the Code and is presently awaiting approval of the Hon’ble National Company Law Tribunal, Mumbai Bench. The credit facilities referred to in SBI's communication pertain to the period prior to commencement of CIRP of the Company (as identified within the letter), and are required in terms of the Code, to be necessarily resolved as a part of a resolution plan or in liquidation, as the case may be. Further, during the CIRP, the Company is inter alia protected from, the institution/ continuation of any suits/ proceedings against the Company, 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 Registered Office: Reliance Communications Limited. H Block, 1st Floor, Dhirubhai Ambani Knowledge City, Navi Mumbai - 400 710 CIN No.: L45309MH2004PLC147531 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 National Company Law Tribunal (“NCLT”) under Section 31 of the Code (if the resolution Registered Office: Reliance Communications Limited. H Block, 1st Floor, Dhirubhai Ambani Knowledge City, Navi Mumbai - 400 710 CIN No.: L45309MH2004PLC147531 plan 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 the Company by the NCLT, the Company shall be deemed to have immunity against any liability for any purported offences committed by the Company prior to the commencement of the CIRP (including any liability which may arise as a result of any unlawful transactions identified in the forensic audit report). Further, under Section 238 of the Code, the provisions of the Code override anything inconsistent contained in any other law. In light of the above, the above classification is not expected to have any impact on the Company. Furthermore, legal advice is being sought on the way forward with respect to this development Time of occurrence Communication letter received from SBI dated October 31, 2026 (received to Company on 03rd November 2026) Person(s) involved As specified in the communication received from SBI and enclosed as Annexure B. Estimated amount involved (if any); As specified in the communication received from SBI and enclosed as Annexure B. Whether such fraud/default/arrest has SBI has stated that the names are being been reported to appropriate forwarded to the Credit Information Companies for authorities necessary action. Actual amount involved in the fraud As specified in the communication received from /default (if any); SBI and enclosed as Annexure B. Registered Office: Reliance Communications Limited. H Block, 1st Floor, Dhirubhai Ambani Knowledge City, Navi Mumbai - 400 710 CIN No.: L45309MH2004PLC147531 Actual impact of such fraud /default N.A. as Company is under CIRP (see response in 2 on the listed entity and its financials above) Corrective measures taken by the The Company, through the Resolution listed entity on account of such Professional, is examining the communication and fraud/default. seeking appropriate legal advice on the further course of action. Registered Office: Reliance Communications Limited. H Block, 1st Floor, Dhirubhai Ambani Knowledge City, Navi Mumbai - 400 710 CIN No.: L45309MH2004PLC147531 Annexure-B