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| Exchange Disseminated Time 07/10/2016 14:54:06 | With reference to the earlier letter dated September 30, 2016, Reliance Communications Ltd has informed BSE that Hon’ble High Court of Judicature at Bombay has on October 07, 2016 sanctioned the Scheme of Arrangement between the Company and Sistema Shyam Teleservices Limited (SSTL) and their respective shareholders and creditors (Scheme) pursuant to the petition filed by the Company.
The Hon'ble Rajasthan High Court has already sanctioned the Scheme on September 30, 2016 pursuant to the petition filed by SSTL. |
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