Financial Results For March 31, 2017.

• Security Code: 504341
• Company: RELTD

Dear Sir/Madam,

The Board of Directors of the Company at its meeting held on Friday, May 26, 2017 inter alia considered the following matters and -

a. Approved the Standalone and Consolidated Audited Financial Results, alongwith the Statement of Assets and Liabilities, for the quarter/year ended March 31, 2017. Duly authenticated copies of the said Financial Results, alongwith the Statement of Assets and Liabilities and the Auditors Report dated May 26, 2017 issued by the Statutory Auditors of the Company M/s. Ashok Kumar, Prabhashankar & Co. Chartered Accountants, Bangalore, are enclosed herewith;

b. Promoted Mr. Rajshekhar Charantimath to the Office of the Chief Financial Officer of the Company with effect from May 26, 2017. Disclosure under Para A of Part A of Schedule III of Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 are enclosed as Annexure;

c. Decided to withdraw the application made by the Company under sections 391 to 394 of the Companies Act, 1965 praying for convening of meetings of the shareholders and creditors of the Company to approve the Scheme of Amalgamation of Vantamuri Trading and Investments Limited and Nandur Sugars Limited into Ravindra Energy Limited and pending before the Hon'ble National Company Law Tribunal, Bangalore Bench and avail of the provisions of Fast Tract Merger under section 233 of the Companies Act, 2013. Further the Board approved the Scheme of Amalgamation of Vantamuri Trading and Investments Limited and Nandur Sugars Limited into Ravindra Energy Limited, modified in line with provisions of section 233 of the Companies Act, 2013. Disclosure under Para A of Part A of Schedule III of Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 are enclosed as Annexure;