Reliance Capital Limited enclosed herewith the disclosure in terms of SEBI Circular No. SEBI /HO /CFD /CMD1 /CIR /P /2019 /140 dated November 21, 2019. Kindly note that delay in debt servicing is due to prohibition on the Company to dispose off, alienate, encumber either directly or indirectly or otherwise part with the possession, of any assets except in the ordinary course of business such as payment of salary and statutory dues, pursuant to Order dated November 20, 2019 passed by the Hon'ble Delhi High Court, and Orders dated December 3, 2019 and December 5, 2019 passed by the Hon'ble Debts Recovery Tribunal, Mumbai and Order dated November 4, 2020 passed by the Hon'ble Bombay High Court. In view of the above the Company is unable to proceed with its asset monetization resulting in delay in its debt servicing. Name of the Listed entity - Reliance Capital Limited; Date of making the disclosure December 24, 2020; Nature of obligation - Term Loan; Name of Lender - Axis Bank Limited (Axis). Date of Default is November 24, 2020; Current default amount (breakup of principal and interest in INR million) - Principal ­INR 48 million; Details of the obligation (total principal amount in INR million, tenure, interest rate, secured/unsecured, etc.) - Principal ­INR 1,006.3 million; Tenure ­ 3-7 years; Interest Rate ­is 8.25% p.a., Secured; Total amount of outstanding borrowings from Banks /financial institutions (in INR million) - INR 6,942.3 million includes accrued interest upto November 24, 2020; Total financial indebtedness of the listed entity including short-term and long-term debt (in INR million) INR 202,020.0 million includes accrued interest upto November 24, 2020.