Further to our letter dated July 15, 2021 and pursuant to Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulation, 2015 read with circular no. CIR/CFD/CMD/4/2015 dated September 9, 2015, we wish to inform you that the Company has today issued and allotted 10,65,44,000 equity shares of Rs. 10 each, fully paid up to Reliance Infrastructure Limited, upon exercise of its right to convert the equivalent number of warrants held by it, by conversion of existing debt to the extent of balance 75% of the issue price. The aforesaid equity shares shall rank pari passu in all respect with the existing equity shares of the Company. 39,49,20,500 warrants remain unexercised and the amount stands forfeited.