Reliance Power Limited — Capital/Financing Update 2021

Jul 15, 2021

Reliance Power Limited CIN: L40101MH1995PLC084687 Dhirubhai Ambani Knowledge City Thane Belapur Road, Koparkhairane, Navi Mumbai 400 710 Registered Office: Reliance Centre, Ground Floor, 19, Walchand Hirachand Marg, Ballard Estate, Mumbai 400 001

Tel: +91 22 4303 1000 Fax: +91 22 4303 3166 www.reliancepower.co.in

July 15, 2021

BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort Mumbai 400 001 BSE Scrip Code: 532939

National Stock Exchange of India Limited Exchange Plaza, 5th Floor Plot No. C/1, G Block Bandra Kurla Complex Bandra (East), Mumbai 400 051 NSE Scrip Symbol: RPOWER

Dear Sirs,

Sub.: Disclosure under Regulation 30 of the SEBI Listing Regulations – Allotment of Securities under preferential issue

Further to our letter dated June 13, 2021 and pursuant to Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015, we hereby inform you that the Company had today made preferential allotment of 59,50,00,000 Equity Shares of Rs 10/- each and 73,00,00,000 Warrants convertible into equivalent number of equity shares through preferential allotment to Reliance Infrastructure Limited, the Promoter.

The requisite disclosure, pursuant to Para A of Part A of Schedule III of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015, is enclosed as Annexure 'A'.

A copy of the Press Release being issued on above is also enclosed.

Thanking you Yours faithfully,

For Reliance Power Limited Encl.: As above MURLI MANOHAR PUROHIT Digitally signed by MURLI MANOHAR PUROHIT DN: c=IN, o=Personal, title=9335, pseudonym=9d9efa2f01e2a2e8061008f2de 54ace4945d20006069094db30000f1f104bd4 4, postalCode=400101, st=Maharashtra, serialNumber=869cd4554a9093e8f1c389de bc48ea121f39dab1f61ef1e915aa0e498c6c3a 71, cn=MURLI MANOHAR PUROHIT Date: 2021.07.15 18:05:08 +05'30'

Murli Manohar Purohit Vice President - Company Secretary & Compliance Officer

Disclosure pursuant to Para A of Part A of Schedule III of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015

Preferential Issue (Disclosure post allotment of Securities)

Sr. No.	Requirement of Disclosure		Details
a.	Outcome of the subscription	:	Allotment of 59,50,00,000 Equity Shares of Rs 10/- each and 73,00,00,000 Warrants convertible into equivalent number of equity shares by conversion of debt.
b.	Issue Price / allotted price (in case of convertibles)	:	The Equity Shares and Warrants issued at a price of Rs 10 per Equity Share. An amount equivalent to 25% of the Issue Price of each Warrant has been paid by conversion of debt. The balance 75% amount payable by the Warrant holder(s) shall be payable, if and when the right attached to Warrant(s) to subscribe for the Equity Share(s) is exercised.
c.	Number of investor(s)	:	One - (Reliance Infrastructure Limited, the Promoter )

Reliance Power Limited CIN: L40101MH1 995PLC084687 Registered Office: Reliance Centre, Ground Floor, 19, Walchand Hirachand Marg, Ballard Estate, Mumbai - 400 001

Tel: +91 22 4303 1000 Fax: +91 22 4303 3166 www.reliancepower.co. in

MEDIA RELEASE

RELIANCE POWER ALLOTTED 59.50 CRORE EQUITY SHARES AND 73 CRORE WARRANTS TO RELIANCE INFRASTRUCTURE, BY CONVERSION OF ITS DEBT

SHAREHOLDING OF RELIANCE INFRASTRUCTURE AND PROMOTER GROUP STAND INCREASED TO 24.98% PROMOTER GROUP SHAREHOLDING MAY FURTHER INCREASE TO 38.24% POST CONVERSION OF WARRANTS

Mumbai, July 15, 2021: Consequent to approval from Shareholders, through postal ballot, Reliance Power Limited (Reliance Power), has allotted 59.50 Crore equity shares and 73 Crore warrants convertible into equivalent number of equity shares of the Company by conversion of debt, to Reliance Infrastructure Limited (Reliance Infrastructure), a listed promoter company.

Post allotment the holding of Reliance Infrastructure and other promoter group in Reliance Power increased to 24.98% and may further increase to 38.24% on conversion of warrants, which shall be subject to compliance with the applicable provisions of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and other provisions of law, as and when applicable.

About Reliance Power:

Reliance Power Limited, a part of the Reliance Group, is India's leading private sector power generation and coal resources company. The company has one of the largest portfolios of power projects in the private sector in India, based on coal , gas and renewable energy, with an operating portfolio of 5,945 megawatts.

For more information, please visit www.reliancepower.co.in

For further information please contact: Reliance Power: Daljeet Singh +91 9312014099