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Reliance Industries has informed that interim resolution professional - Sintex Industries ('RP') has issued a letter of intent to RIL and ACRE ARC on March 20, 2022 informing that the committee of creditors of the Corporate Debtor has by a vote of 98.88% approved the resolution plan submitted jointly by RIL and ACRE ARC and has declared RIL and ACRE ARC as the successful resolution applicants. RIL and ACRE ARC have today accepted the letter of intent. The resolution plan will now be submitted to the NCLT for approval. 

The above information is a part of company’s filings submitted to BSE.

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