Reliance Communications Limited — AGM Information 2021

Sep 27, 2021

Reliance Communications Limited Dhirubhai Ambani Knowledge City Navi Mumbai - 400 710, India

Tel : +91 022 3038 6286 Fax: +91 022 3037 6622 www.rcom.co.in

September 25, 2021

The General Manager Corporate Relationship Department BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort, Mumbai 400 001 Fax No.: 2272 2037/39/41/61/3121/3719

The Manager National Stock Exchange of India Ltd. Exchange Plaza, C/1, Block G Bandra - Kurla Complex, Bandra (East) Mumbai 400 051 Fax No.: 2659 8237 / 38/8347/48 / 66418124/25/26

BSE Scrip Code: 532712

NSE Symbol: RCOM

Dear Sir,

Sub: Disclosure of event or information – 17th Annual General Meeting held on Saturday September 25th, 2021

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose gist of proceedings of the 17th Annual General Meeting of the Company held on Saturday, September 25th, 2021.

Thanking you.

Yours faithfully, For Reliance Communications Limited

Rakesh Gupta Company Secretary

Encl.: As above

(Reliance Communications Limited is under corporate insolvency resolution process pursuant to the provisions of the Insolvency and Bankruptcy Code, 2016. With effect from June 28, 2019, its affairs, business and assets are being managed by, and the powers of the board of directors are vested in, the Resolution Professional, Mr. Anish Niranjan Nanavaty, appointed by Hon'ble National Company Law Tribunal, Mumbai Bench, vide order dated June 21, 2019 which was published on the website of the Hon'ble National Company Law Tribunal, Mumbai Bench on June 28, 2019).

Gist of Proceedings of the 17th Annual General Meeting ("the Meeting"/"AGM") of Reliance Communications Limited.

1. Date and Time of the Meeting:

The 17th AGM of the Company was held on Saturday, September 25, 2021. The Meeting commenced at 11.30 A.M. (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM).

2. Proceedings in brief:

• Shri Vishwanath Devaraja Rao, Executive Director and Chief Financial Officer of the Company, chaired the proceedings of the Meeting.
• The requisite quorum being present, the Chairperson called the Meeting to order.
• Directors, Statutory Auditors, Secretarial Auditors and KMPs were present in the Meeting.
• Shri Anish Niranjan Nanavaty, Resolution Professional of the Company updated the shareholders present at the AGM about ongoing Corporate Insolvency Resolution Process.
• The Chairperson informed that the Meeting is being held through Video Conferencing (VC) / Other Audio-Visual Means (OAVM) as per the provisions of the Companies Act, 2013 and circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India.
• The Chairperson informed that remote e-voting commenced at 10:00 A.M. on Tuesday, September 21, 2021 and concluded at 5:00 P.M. on Friday, September 24, 2021.
• The following businesses as set out in the Notice convening the 17th AGM were earlier put to vote thru remote e-voting. The e-voting was again opened for the Members who were present in the Meeting and who did not cast their vote earlier.

Ordinary Business:

• 1. Consideration and adoption of:
  • a) the audited standalone financial statement of the Company for the financial year ended March 31, 2021 and the reports of the Directors and Auditors thereon, and
  • b) the audited consolidated financial statement of the Company for the financial year ended March 31, 2021 and the report of the Auditors thereon.
• 1. Re-appointment of Shri Vishwanath Devaraja Rao, a Director retiring by rotation.
• 1. Appointment of Statutory Auditors of the Company and fixing their remuneration.

Registered Office:

Reliance Communications Limited. H Block, 1st Floor, Dhirubhai Ambani Knowledge City, Navi Mumbai - 400 710 CIN No.: L45309MH2004PLC147531

Special Business:

• 1. Ratification of remuneration payable to Cost Auditor for the financial year ending March 31, 2022.
• 1. Reply / clarifications were provided to the queries raised by members, by the Chairperson and Resolution Professional of the Company.
• 1. The Chairperson also informed that the Company had engaged the services of KFin Technologies Private Limited for remote e-voting and had also appointed Shri Anil Lohia, Partner of M/s. Dayal and Lohia, Chartered Accountants, as the scrutinizer for the purpose of scrutinizing e-voting process.

5. Voting by Members:

• All the resolutions set out in Notice calling the 17th AGM were passed with the requisite majority and are deemed to be passed on the date of the 17th AGM i.e. on September 25, 2021.
• Results of e-voting are being disseminated to the Stock Exchanges and are also being uploaded on the website of the Company and KFin Technologies Private Limited, the agency providing remote e–voting facility.

Note:

This are not the minutes of the proceedings of the 17th Annual General Meeting of the Company.

Thanking you.

Yours faithfully, For Reliance Communications Limited

Rakesh Gupta Company Secretary