RELIANCE COMMUNICATIONS LTD.

Reliance Communications Ltd (RCOM) has disclosed that its subsidiary, Reliance Telecom Limited (RTL), has received a letter from Canara Bank. The letter states that RTL has been classified as a 'Wilful Defaulter' by the bank's Review Committee, a decision dated August 31, 2026. Furthermore, the promoter of RCOM, in his capacity as an erstwhile chairman & director of RCOM, has also been classified as a 'Wilful Defaulter' by the same committee. Both RCOM and RTL are currently undergoing corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code, 2016. The loan account in question pertains to the period prior to RTL's CIRP and is expected to be resolved as part of the resolution plan or liquidation. Avoidance applications have been filed with the NCLT regarding certain transactions.

Reliance Communications Ltd (RCom) has received an order dated August 25, 2026, from the Adjudicating Authority under the Prevention of Money Laundering Act (PMLA). The order confirms the provisional attachment of certain movable and immovable properties of the company, valued at ₹581.65 crore. This action arises from a Provisional Attachment Order issued by the Directorate of Enforcement. The attachment will remain in force during the investigation for up to 365 days or until proceedings conclude. RCom has the option to file an appeal within 45 days. The company stated there is no immediate impact on its business operations.

Reliance Communications Ltd (RCOM) announced that the Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench, has passed an order dated August 21, 2026, concerning its subsidiary, Reliance Communications Infrastructure Limited (RCIL). The NCLT disposed of applications related to the implementation of RCIL's approved Resolution Plan, deeming it non-implementable in its current form. The erstwhile Resolution Professional has been directed to convene a meeting of the Committee of Creditors (CoC) within 30 days to decide the future course of action. The matter is scheduled for further listing on September 24, 2026. The financial and operational impact on RCOM is currently not quantifiable.

Reliance Communications Ltd has announced the re-scheduling of its 75th Meeting of the Committee of Creditors (CoC). The meeting, originally slated for Friday, August 21, 2026, will now take place on Thursday, August 27, 2026. This announcement is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The change in schedule is a procedural update concerning the company's creditor committee.

Reliance Communications Ltd has announced that its 75th Committee of Creditors (CoC) meeting is scheduled to be held on Friday, August 21, 2026. This intimation is made in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting is a procedural step related to the company's ongoing financial restructuring and creditor management processes.

Reliance Communications Ltd (RCOM) and its subsidiary Reliance Telecom Limited (RTL) have received further communications from the Department of Telecommunications (DoT) regarding the partial encashment of Financial Bank Guarantees (FBGs). This action is due to outstanding License Fee dues for FY 2023-24, FY 2024-25, and FY 2025-26. The State Bank of India's FBG for RCOM, amounting to ₹5,73,49,933, is to be partially encashed by ₹5,55,42,271. Similarly, Bank of Baroda's FBG for RTL, valued at ₹2,00,00,000, faces partial encashment of ₹16,25,000. RCOM is currently examining the financial and legal implications of these actions, especially considering its ongoing Corporate Insolvency Resolution Process (CIRP).

Reliance Communications Ltd (RCOM) has informed the stock exchanges that the Department of Telecommunications (DoT) has invoked/encashed Financial Bank Guarantees (FBGs) totaling approximately ₹801.91 crore. These guarantees were furnished by various banks on behalf of RCOM towards deferred spectrum payment obligations. The DoT has stated that these actions are due to alleged defaults in payment of deferred annual installments for spectrum acquired in auctions held between 2013 and 2016. The invoked guarantees were issued by Yes Bank, Punjab National Bank, Canara Bank, and State Bank of India. RCOM is currently examining the detailed financial and legal implications of this invocation, including its impact on ongoing liabilities and claims, especially in light of the company's Corporate Insolvency Resolution Process (CIRP). Further developments will be disclosed as material.

Reliance Communications Ltd has announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The results were approved by the company's management and taken on record by the Resolution Professional (RP) in a meeting held on August 13, 2026. The company is currently under corporate insolvency resolution process. The limited review report by the statutory auditors, Pathak H.D. & Associates LLP, highlights that the classification of 'Assets Held for Sale' (AHS) may not be in compliance with Ind AS 105, and the consequential impact on the carrying amount of AHS is unascertainable.

Reliance Communications' consolidated (primary) net loss narrowed to ₹809 Cr in Q1 FY27 from ₹2,560 Cr a year ago and ₹3,098 Cr in Q4 FY26, on revenue from operations of ₹74 Cr — down 10.8% YoY and 8.6% QoQ, continuing the multi-year erosion of the residual leasing/connectivity business RCom still runs under corporate insolvency resolution. On a headline basis this reads as a sharp improvement, but strip out exceptional items and the underlying pre-exceptional loss (continuing + discontinued) was about ₹317 Cr this quarter versus ₹319 Cr a year ago and ₹425 Cr last quarter — essentially flat YoY and only modestly better QoQ. Reported +48-68% swings, in other words, are not operating recovery. The bridge from underlying to reported numbers runs entirely through one-off and recurring exceptional lines. A ₹1,630 Cr gain on settlement of liabilities — tied to RITL resolution-plan payouts reducing RCom's and RTL's admitted claims for the same underlying debt — and a combined ₹468 Cr gain from deconsolidating two dissolved foreign shell subsidiaries (UK, struck off June 9, 2026; Cyprus, dissolved April 17, 2026) padded the quarter. These were partly offset by a ₹2,588 Cr exceptional charge for License & Spectrum fee, booked under discontinued operations — a provision that has actually risen each of the last three quarters (₹2,241 Cr → ₹2,495 Cr → ₹2,588 Cr) as the DoT's special audit continues. Margin ratios disclosed in the filing (operating margin, net profit margin) swing wildly quarter to quarter but are not meaningful given how small the revenue base is relative to these exceptional and legacy-liability lines. There is no analyst or brokerage coverage of RCom to benchmark against — a web search for a Q1 FY27 preview or consensus estimate returned nothing, consistent with a company under insolvency with negative net worth (₹-1,04,759 Cr consolidated, worse than ₹-1,03,950 Cr in Q4 FY26) and no going-concern basis endorsed by its auditors; management/the Resolution Professional gives no formal forward guidance to measure against either. The Resolution Professional's sign-off is itself framed defensively — signed 'solely for compliance' with disclaimers on accuracy, relying on KMP certifications. The quarter's other corporate developments were procedural rather than operational: the August 13 board/CoC meeting that took the results on record, and (just after quarter-end) RCom's Singapore subsidiary being struck off, whose deconsolidation loss will land in Q2 FY27 instead. The auditors' qualifications remain wide-ranging — unprovided interest of ₹1,186 Cr this quarter (₹41,153 Cr cumulative), unresolved forensic-audit findings, and fraud/willful-defaulter classifications from several banks. What this sets up: the resolution plan remains stuck at the NCLT, adjourned to August 27, 2026, pending Supreme Court review petitions (filed by RCOM/RTL and SBI) against the February 2026 ruling that spectrum assets can't be excluded from IBC proceedings — the single biggest swing factor for any eventual plan value. Separately, RCom's own PMLA provisional attachment (Order No. 19/2026) has a final ED hearing scheduled August 19, 2026, while three other attachment orders against group entities are already confirmed and under appeal before the PMLA Appellate Tribunal.

Reliance Communications Ltd has announced that the 74th meeting of its Committee of Creditors (CoC) is scheduled to be held on Thursday, August 13th, 2026. This intimation is provided in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting will address matters pertinent to the creditors' committee.