General Announcement::Resolution Plans received by Resolution Professional

Issuer & Securities

Issuer/ Manager
RELIANCE COMMUNICATIONS LIMITED
Securities
RELIANCEUS$300M6.5%N201106 - XS1216623022 - 29EB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
26-Nov-2019 01:17:56
Status
New
Announcement Sub Title
Resolution Plans received by Resolution Professional
Announcement Reference
SG191126OTHRW1OC
Submitted By (Co./ Ind. Name)
Rakesh Gupta
Designation
Company Secretary
Effective Date and Time of the event
25/11/2019 22:30:00
Description (Please provide a detailed description of the event in the box below)
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( Listing Regulations ) and in accordance with the requirements of subclause 16(i) of Para A of Part A of Schedule III of the Listing Regulations, the undersigned hereby informs your good office that 3 resolution plans were received by the resolution professional of Reliance Communications Limited ( Corporate Debtor ) on 25th November, 2019 in accordance with Section 30 of the Insolvency and Bankruptcy Code, 2016 ( Code ), from the following entities/ consortium:

i. VFSI HOLDINGS PTE. LTD.
ii. BHARTI AIRTEL LIMITED
iii. UV ASSET RECONSTRUCTION COMPANY LIMITED

The resolution plans received were presented to committee of creditors of the Corporate Debtor ( CoC ) in the CoC meeting held on 25th November, 2019, in accordance with Section 25(2)(i) of the Code.

Attachments

Final_SE_ResolutionPlans_25112019.pdf
Total size =43K