November 30, 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.: Post-facto intimation of 26th (Twenty Sixth) meeting of the Committee of Creditors (CoC) - Reliance Capital Limited
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).
We wish to inform you that the 26th (Twenty Sixth) meeting of the Committee of Creditors of the Company was duly convened and conducted on Tuesday, November 29, 2022 at 11:00 a.m. in Mumbai.
At the aforesaid meeting, the Administrator of the Company appraised the Committee of Creditors, inter alia, about the update on the status of claims, status of CIRP process, going concern operations of the Company and the way forward in terms of the activities / milestones as stipulated under the Code.
As per Resolution process, Eight (08) Resolution Plans / Resolution Bids has been received by the Administrator of Reliance Capital Limited.
The meeting has been adjourned to Wednesday, November 30, 2022
Kindly take the same on records
Thanking you.
Yours faithfully,
For Reliance Capital Limited
NAGESWARA RAO YALAMANCHILI
Digitally signed by NAGESWARA RAO YALAMANCHILI DN: c=IN, o=Personal, 2.5.4.20=0a4c22a7a9a56fb49dee95fcfff2383b648f02a8 149e9f826c47729bf7b06481, postalCode=520008, st=Andhra Pradesh, serialNumber=64436e66b48bd1434b6c67ee6dd32aa6 6433d4c8001fb1dd5b5d8a5215b4b484, cn=NAGESWARA RAO YALAMANCHILI
Date: 2022.11.30 12:50:27 +05'30'
Nageswara Rao Y
Administrator of Reliance Capital Limited
Administrator appointed in accordance with the provisions of the Insolvency and Bankruptcy Code, 2016 read with the Insolvency and Bankruptcy (Insolvency and Liquidation Proceedings of Financial Service Providers and Application to Adjudication Authority) Rules, 2019 as per the order of the Hon'ble National Company Law Tribunal bench at Mumbai dated December 6, 2021. The Administrator is acting for and on behalf of Reliance Capital Limited without any personal liability.
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Reliance Capital Limited published this content on 30 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2022 09:23:17 UTC.