This is to inform you that, the Reserve Bank of India (RBI) in exercise of the powers conferred under Section 45-IE (1) of The Reserve Bank of India Act, 1934, has issued an order / Press Release dated November 29, 2021, with respect to the supersession of the Board of Directors of Reliance Capital Limited (the Company). The RBI has appointed Shri Nageswar Rao Y as its Administrator under 45-IE (2) of The Reserve Bank of India Act, 1934 with effect from November 29, 2021. Please find attached herewith the Press Release issued by RBI in this regard. This is for your information and record.