Reliance Capital : CIRP - others

	March 11, 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.: Invitation for Expression of Interest under Regulation 36A(1) of IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016

This is in reference to the aforesaid captioned matter and further to our letter dated February 18, 2022, we submit the following, which have been uploaded on the website of the Company:

1. Corrigendum Form G - Brief Particulars of Invitation for Expression of Interest as per Regulation 36A(1); and
2. Amended Detailed Invitation for Expression of Interest for submission of Resolution Plan.

The above disclosure is being made pursuant to the provisions of Regulation 30 read with Clause (16)(h) of Part A of Schedule Ill of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Thanking you.

Yours faithfully,

For Reliance Capital Limited

Atul Tandon

Company Secretary & Compliance Officer

CORRIGENDUM

FOR THE ATTENTION OF THE PROSPECTIVE RESOLUTION APPLICANTS FOR RELIANCE

CAPITAL LIMITED

With reference to the Form G issued in accordance with Insolvency and Bankruptcy Code, 2016 and Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, published a) on the website of Reliance Capital Limited on February 18, 2022 and

1. in newspaper on February 18, 2022, the last date for submission of expression of interest has been extended and the invitation for expression of interest stands amended and restated as under:

FORM G

INVITATION FOR EXPRESSION OF INTEREST

Under Regulation 36A 1 of the Insolvency and Bankruptcy Insolvency Resolution Process for

Corporate Persons Regulations, 2016

RELEVANT PARTICULARS

	1.		Name of the corporate debtor		Reliance Capital Limited
	2.		Date	of	incorporation	of	corporate	05 March 1986
			debtor
	3.		Authority under which corporate debtor	Registrar of Companies		Mumbai under the
			is incorporated registered			Companies Act, 1956
	4.		Corporate	identity	number limited	L65910MH1986PLC165645
			liability	identification	number	of
			corporate debtor
	5.		Address of the registered office and	Registered Office:
			principal	office if any of	corporate	Trade World, B-Wing, 7th Floor, Kamala Mills
			debtor					Compound, Senapati Bapat Marg, Lower Parel,
									Mumbai - 400013, Maharashtra, India
	6.		Insolvency commencement date of the	06 December 2021
			corporate debtor
	7.		Date	of	invitation of	expression	of	18 February 2022
			interest

The detailed invitation for expression of interest is available on the website of the corporate debtor at www.reliancecapital.co.in

	8.		Eligibility for	resolution	applicants		The eligibility criteria for resolution applicants is
			under section	25 2 h of	the Code is		available on the website of the corporate debtor at
			available at				www.reliancecapital.co.in

9. Norms of ineligibility applicable under Kindly refer the most recent and updated version of

section 29A are available atthe Insolvency and Bankruptcy Code, 2016 available at: https://ibbi.gov.in/legal-framework/act

	10.
	Last date for receipt of expression of	25	March 2022
		interest
	11.	Date of issue of provisional list of	30	March 2022
		prospective resolution applicants
	12.	Last date for submission of objections	05	April 2022
		to provisional list
	13.	Date of issue of final list of prospective	11	April 2022
		resolution applicants
	14.	Date of issue of information	05	April 2022
		memorandum, evaluation matrix and
		request for resolution plans to
		prospective resolution applicants

15.	Manner of obtaining request for	The Information Memorandum, Request for
	resolution	plan,	evaluation matrix,	Resolution Plan (RFRP) and data room access shall be
	information memorandum and further	granted to	the qualified	and eligible Potential
	information					Resolution	Applicant(s)	after	signing	the
							confidentiality undertaking by such applicant(s).
							Pursuant to the aforesaid, the Potential Resolution
							Applicant(s) shall be required to send an email to
							[e-mail]	requesting	for
							data room access, Information Memorandum,
							Evaluation Matrix and the RFRP
16.	Last date for submission of resolution	05 May 2022
	plans
17.	Manner of submitting resolution plans	Through speed post / registered post or by hand
	to resolution professional			delivery in a sealed envelope addresses to the
							Administrator, together with a password protected
							soft	copy	emailed	to
							[e-mail]
18.	Estimated date for submission of	As and when approved by the committee of creditors
	resolution plan to the Adjudicating	and no objection is issued by the Reserve Bank of
	Authority for approval				India as required in the Insolvency and Bankruptcy
								Code read with the Insolvency and
							Bankruptcy (Insolvency and Liquidation Proceedings
							of Financial Service Providers and Application to
							Adjudicating	Authority)	Rules,	2019	FSP
							Insolvency Rules
19.	Name and registration number of the	Shri Nageswara Rao Y
	resolution professional
20.	Name, Address, and e mail of the	Registered Address:
	resolution	professional,	as	registered	Trade World, B-Wing, 7th Floor, Kamala Mills
	with the Board					Compound, Senapati Bapat Marg, Lower Parel,
							Mumbai - 400013, Maharashtra, India
							Email: [e-mail]
21.	Address and email	to	be	used for	Registered Address:
	correspondence	with	the	resolution	Trade World, B-Wing, 7th Floor, Kamala Mills
	professional					Compound, Senapati Bapat Marg, Lower Parel,
							Mumbai - 400013, Maharashtra, India
							Email: [e-mail]
22.	Further Details are available at or with	Email request to
							[e-mail] / or the
							website of the Corporate Debtor
							www.reliancecapital.co.in
23.	Date of publication of corrigendum to	11 March 2022
	Form G

Shri. Nageswara Rao Y

Administrator

Registered Address:

Trade World, B-Wing, 7th Floor, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai - 400013, Maharashtra, India

Registered Email: [e-mail]

For Reliance Capital Limited,

Date: 11 March 2022

Place: Mumbai

Notes:

1. Corporate Debtor refers to a Financial Service Provider as per the FSP Insolvency Rules.
2. Interim Resolution Professional / Resolution Professional shall mean an Administrator appointed by Hon'ble National Company Law Tribunal vide its order no. CP (IB) - 1231/MB/2021 dated 6 December 2021 pursuant to the provisions of the FSP Insolvency Rules.

Issued on February 18, 2022

As amended on March 11, 2022

INVITATION FOR

EXPRESSION OF INTEREST FOR SUBMISSION OF RESOLUTION PLAN FOR

RELIANCE CAPITAL LIMITED

[CIN: L65910MH1986PLC165645]

Regd. Office: Trade World; B-Wing; 7th Floor; Kamala Mills; Compound; Senapati Bapat Marg; Lower Parel; Mumbai; Mumbai City; Maharashtra; 400013

1. BACKGROUND
   Reliance Capital Limited ("Corporate Debtor" or "RCL" or "Company") was incorporated on 5 March 1986 and is registered as Non-Banking Financial Company Core Investment Company ('CIC') - Non-Deposit Taking Systemically Important (NBFC-CIC-ND-SI) under Section 45-IA of Reserve Bank of India Act, 1934. As a CIC, the Company is primarily a holding company, holding investments in its subsidiaries, associates, and other group companies. The Company's subsidiaries and associates are engaged in wide array of businesses in the financial service sector. The Company is Public Limited Company listed on NSE and BSE, a recognized stock exchange in India.
   The Corporate Debtor is currently undergoing Corporate Insolvency Resolution Process ("CIRP") as per the provisions of the Insolvency and Bankruptcy Code, 2016 as amended from time to time ("Code"), read with Rules 5 and 6 of the Insolvency and Bankruptcy (Insolvency and Liquidation Proceedings of Financial Service Providers and Application to Adjudication Authority) Rules, 2019 ("FSP Rules"), pursuant to the order dated December 6, 2021 passed by Hon'ble National Company Law Tribunal, Mumbai Bench ("NCLT").
   The Reserve Bank of India appointed Shri. Nageswara Rao Y as the administrator ("Administrator") in relation to the CIRP of the Corporate Debtor. After due consultations with and approval of the Committee of Creditors ('CoC'), and pursuant to Section 25(2)(h) of the Code, read with Regulation 36A of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 ("CIRP Regulations"), the Administrator hereby invites Expressions of Interest ("EOI") from interested resolution applicants ("Prospective Resolution Applicants" or "PRAs") for submission of resolution plans in respect of the Corporate Debtor.
2. PROCESS
   The resolution process is proposed to be completed in two stages, as described below: Stage I
3. • PRAs to submit the Expressions of Interest (EOI) along with the necessary documents as detailed in this document.
   • Shortlisting of eligible PRAs based on the Eligibility Criteria (as provided in Annexure B)

and other applicable requirements. Stage II

• Virtual Data Room (VDR) access will be provided to the shortlisted eligible PRAs for due diligence. The VDR would contain:
  a. Request for Resolution Plan ("RFRP") outlining the next steps along with the

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