RELIANCE COMMUNICATIONS LIMITED: WILFUL DEFAULTER DECLARATION

• Reliance Telecom Limited, a subsidiary of Reliance Communications Limited, has been classified as a wilful defaulter by Canara Bank. • The classification stems from a decision by the bank's Review Committee for Wilful Defaulters on August 31, 2026. • Anil Ambani, as promoter, erstwhile chairman and director of RCOM, has also been classified as a wilful defaulter. • Both RCOM and RTL are currently undergoing corporate insolvency resolution process (CIRP). • Impact: Classification as a wilful defaulter may have significant implications on the company's financial standing and ability to raise further capital.

Reliance Communications Limited

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