NSEAction(s) taken or orders passed22 Aug 2026 · 22 Aug 2026, 07:09 pm
Action(s) taken or orders passed
Reliance Communications Limited · RCOM
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Reliance Communications Limited has informed the Exchange about actions taken or orders passed by the Hon'ble NCLT, disposing of applications related to the implementation of the Resolution Plan of RCIL, a subsidiary of Reliance Communications Limited. The NCLT observed that the Resolution Plan is non-implementable in its present form and directed the erstwhile Resolution Professional to convene a meeting of the erstwhile Committee of Creditors within 30 days to decide the future course of action.
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Reliance Communications Limited has informed the Exchange about Action(s) taken or orders passed
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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
August 22, 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.: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 – Order passed by Hon’ble NCLT dated August 21, 2026 in the matter of Reliance
Communications Infrastructure Limited, a subsidiary of Reliance Communications Limited.
Dear Sir/Madam,
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we wish to inform that the Hon’ble National
Company Law Tribunal, Mumbai Bench-I (“NCLT”), vide its order dated August 21, 2026 in relation to the
Corporate Insolvency Resolution Process (“CIRP”) of Reliance Communications Infrastructure Limited (“RCIL”),
a subsidiary of Reliance Communications Limit, has disposed of IA(I.B.C)/5231(MB)2025 and
IA(I.B.C)/56(MB)2026.
The aforesaid applications, inter alia, related to implementation of the Resolution Plan approved earlier by the
NCLT on December 19, 2023.
The Hon’ble NCLT has, inter alia, observed that the approved Resolution Plan of RCIL is non-implementable in
its present form and has directed the erstwhile Resolution Professional of RCIL to convene a meeting of the
erstwhile Committee of Creditors (“CoC”) within 30 days from the date of the order, to take note of the position
and decide the future course of action in accordance with their commercial wisdom.
The matter has further been directed to be listed before the Hon’ble NCLT on September 24, 2026.
The details required to be disclosed as per Regulation 30 of SEBI Listing Regulations read with SEBI Circular
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed as Annexure – A.
The aforesaid order of the Hon’ble NCLT is enclosed herewith Annexure B for your information and records.
You are requested to 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)
Sr. Particulars Details
1 Name of the authority
N ational Company Law Tribunal, Mumbai Bench-I (NCLT)
2 Nature and details of the action (s) NCLT, vide order dated August 21, 2026, disposed of the
taken, or order (s) passed applications relating to implementation of the approved
Resolution Plan of RCIL, a subsidiary of Reliance
Communications Limited, and observed that the Resolution
Plan is presently non-implementable. The erstwhile RP has
been directed to convene a meeting of the erstwhile CoC
within 30 days to decide the future course of action.
3 Date of receipt of direction or order, August 21, 2026
including any ad-interim or interim
orders, or any other communication
from the authority
4 Details of the No specific violation or contravention has been stated
violation(s)/contravention(s) against Reliance Communications Limited in the order.
committed or alleged to be committed
5 Impact on financial, operation or The order relates to RCIL, a subsidiary of Reliance
other activities of the listed entity, Communications Limited. The financial and operational
quantifiable in monetary terms to the
impact on Reliance Communications Limited, if any, is
extent possible
presently not quantifiable.
Registered Office:
Reliance Communications Limited. H Block, 1st Floor, Dhirubhai Ambani Knowledge City, Navi Mumbai - 400 710
CIN No.: L45309MH2004PLC147531
Annexure-B
THE NATIONAL COMPANY LAW TRIBUNAL
MUMBAI BENCH-I
IA(I.B.C)/5231(MB)2025
Section 60(5) of the Insolvency and Bankruptcy Code,
2016 r/w Rule 11 of NCLT Rules, 2016
IDBI Bank Limited
...Applicant
Mr. Artish Niranjan Nanavaty,
Insolvency Professional & Anr.
…Respondent
IA(I.B.C)/56(MB) 2026
Reliance Projects & Property Management Services
Limited
...Applicant
State Bank of India and Ors.
…Respondent
In the matter of
COMPANY PETITION (IB) NO.3025/(MB) of 2019
State Bank of India
…Petitioner
Indian Sugar Manufacturing Company Limited
…Respondent
THE NATIONAL COMPANY LAW TRIBUNAL
MUMBAI BENCH-I
IA(I.B.C)/5231(MB)2025 & IA(I.B.C)/56(MB) 2026
C.P. (IB)/3025(MB)2019
Order delivered on: 21.08.2026
Coram:
Shri Prabhat Kumar Shri Sushil Mahadeorao Kochey
Hon’ble Member (Technical) Hon’ble Member (Judicial)
Appearances:
Sr. Adv. Zarir Bharucha for the Applicant/IDBI Bank in IA 5231 of 2025 & the
Respondent No. 13 in IA 56 of 2026.
Sr. Adv. Gaurav Joshi, for the Successful Resolution Applicant in IA 5231 of
2025 & IA 56 of 2026.
Adv. Rishabh Jaisani, for the Resolution Professional and Adv. Shyam Kapadia,
for the Assenting Financial Creditor are present.
ORDER
1. The present Application is filed by IDBI Bank Limited
(“Applicant/IDBI”) on 05.01.2026 under Section 60(5) of the
Insolvency and Bankruptcy Code, 2016 ("IBC") read with Rule 11 of
the National Company Law Tribunal Rules, 2016 in the Corporate
Insolvency Resolution Process (“CIRP”) of M/s Reliance
Communications Infrastructure Limited (“Corporate Debtor”),
seeking following reliefs:-
a) that this Hon'ble Tribunal be pleased to direct the SRA
(Respondent No. 2) to pay the mandatory amount payable to
IDBI (the Applicant) under the resolution plan and under
section 30(2) of the Code immediately;
b) that this Hon'ble Tribunal be pleased to direct the SRA
(Respondent No. 2) to implement the approved resolution plan;
THE NATIONAL COMPANY LAW TRIBUNAL
MUMBAI BENCH-I
IA(I.B.C)/5231(MB)2025 & IA(I.B.C)/56(MB) 2026
C.P. (IB)/3025(MB)2019
c) that this Hon'ble Tribunal be pleased to direct the Respondent
No. 1 to coordinate with the Monitoring Committee and ensure
implementation of the approved resolution plan;
d) pending hearing and disposal of this application, direct the
Respondents to maintain status quo and not take any further
actions;
e) pending hearing and disposal of this application, restrain any
distribution to Approving Financial Creditors until full
payment of the Applicant's mandatory amount; and
f) for such other appropriate orders, reliefs and directions as
this Hon'ble Tribunal may deem fit and proper having regard
to these facts.
2. On 25th September 2019, this Tribunal, Mumbai Bench admitted the
Corporate Debtor for the CIRP under the Code and appointed Mr.
Anish Niranjan Nanavaty (“RP/Respondent No. 26/Monitoring
Committee Member), as the Resolution Professional of the Corporate
Debtor. At the 18th CoC meeting, held on 05.08.2021, the RP
presented the Resolution Plan dated 17.07.2020 as amended until
21.06.2021 submitted by M/s Reliance Projects and Property
Management Services Limited (“SRA”) before the CoC for its approval,
which was approved by CoC on 30.08.2021 with 67.97%
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