General Announcement::Resolution Plan

Issuer & Securities

Issuer/ Manager
RELIANCE INDUSTRIES LIMITED
Securities
RELIANCEINUS$1.5B2.875%320112A - US759470BB24 - JJHB
RELIANCEINUS$1.5B2.875%320112R - USY72570AS69 - QZVB
RELIANCEINUS$1.75B3.625%520112A - US759470BD89 - Y4SB
RELIANCEINUS$1.75B3.625%520112R - USY72570AU16 - LVKB
RELIANCEINUS$750M3.75%620112A - US759470BC07 - KIKB
RELIANCEINUS$750M3.75%620112R - USY72570AT43 - ZNKB
RELIANCEIN US$800M5.875%PERP R - USY72596BT83 - 2PEB
RELIANCEUS$1B4.5%N201019A - US759470AZ01 - 4MDB
RELIANCEUS$1B4.5%N201019R - USY72570AQ04 - 4MEB
RELIANCEUS$1B5.4%N220214A - US759470AY36 - 7YAB
RELIANCEUS$1B5.4%N220214R - USY72570AP21 - 7XZB
RELIANCEUS$500M6.25%N401019A - US759470BA41 - 4MFB
RELIANCEUS$500M6.25%N401019R - USY72570AR86 - 4MGB
RELIANCEIND US$1B4.125%250128A - US759470AQ02 - 23RB
RELIANCEIND US$1B4.125%250128R - USY72596BU56 - 23SB
RELIANCEI US$750M4.875%450210A - US759470AS67 - 24EB
RELIANCEI US$750M4.875%450210R - USY72570AM99 - 24FB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
23-Mar-2022 01:57:31
Status
New
Announcement Sub Title
Resolution Plan
Announcement Reference
SG220323OTHR63FH
Submitted By (Co./ Ind. Name)
Reliance Industries Limited - Savithri Parekh
Designation
Company Secretary and Compliance Officer
Description (Please provide a detailed description of the event in the box below)
Reliance Industries Limited ( RIL ) and Assets Care & Reconstruction Enterprise Limited, in its capacity as trustee of the ACRE 114 Trust ( ACRE ARC ) had jointly submitted a resolution plan in the corporate insolvency resolution process of Sintex Industries Limited ( Corporate Debtor ).

The Interim Resolution Professional Sintex Industries Limited ( RP ) has issued a letter of intent to RIL and ACRE ARC on March 20, 2022 informing that the committee of creditors of the Corporate Debtor has by a vote of 98.88% approved the resolution plan submitted jointly by RIL and ACRE ARC and has declared RIL and ACRE ARC as the successful resolution applicants.

RIL and ACRE ARC have today accepted the letter of intent.

The resolution plan will now be submitted to the NCLT for approval.

Kindly take the same on record.

Attachments

Reg30RILsintexintimation22032022.pdf
Total size =298K