With reference to the earlier letter dated June 24, 2016 intimating about the Scheme of Arrangement between the Company and Reliance Telecom (RTL), a wholly owned subsidiary of the Company, for demerger of Telecom Undertaking consisting of 5 License Service Area of RTL into the Company (Scheme) and Reliance Communications has now informed that Hon’ble High Court of Judicature at Bombay on October 27, 2016 sanctioned the Scheme.
The above information is a part of company’s filings submitted to BSE.