Reliance Capital: Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)

This is in continuation of our earlier disclosure dated: (i) February 28 2024 pertaining to the approval of the resolution plan submitted by IndusInd International Holdings Ltd. (IIHL or the Successful Resolution Applicant) in the corporate insolvency resolution process of Reliance Capital Limited (RCL) by the Honble National Company Law Tribunal Mumbai bench ("NCLT) vide its order dated February 27 2024 (Approved Resolution Plan); and (ii) July 23 2024 pertaining to the NCLT partly allowing the application filed by IIHL seeking an extension of 90 days from May 27 2024 for the implementation of the Approved Resolution Plan (Extension Order).Further to our letter dated August 7 2024 August 9 2024 and August 23 2024 we wish to inform that NCLT has passed an order dated August 28 2024 on the application filed by the Successful Resolution Applicant. (copy of the order is attached).