Reliance Communications seeks reclassification of promoter shares

Reliance Communications Limited announced on September 4, 2025, the receipt of a request to reclassify shareholding from the "Promoter / persons belonging to Promoter Group" category to the "Public" category. This reclassification, under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, pertains to Reliance Capital Limited.

Reliance Capital Limited currently holds NIL equity shares with a face value of INR 5/- each, resulting in a NIL percentage of shareholding. The company's resolution professional, Anish Niranjan Nanavaty, is currently seeking legal advice regarding this request.

Reliance Communications Limited is undergoing a corporate insolvency resolution process, with its affairs managed by the resolution professional, Anish Niranjan Nanavaty, since June 28, 2019, as per an order from the National Company Law Tribunal, Mumbai Bench.