The Board of Directors of the Company ('the Board') on November 24, 2021, has decided to implement a Scheme of Arrangement under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 between (i) Reliance Industries Limited ('the Company' / 'RIL') and its shareholders and creditors; and (ii) Reliance Syngas Limited ('RSL') and its shareholders and creditors ('the Scheme'). RSL is a company incorporated under the Companies Act, 2013 on November 1, 2021. The Company has invested Rs.10,00,000 in cash in 100,000 equity shares of Rs.10 each of RSL. RSL is a wholly-owned subsidiary of the Company. The equity shares of RSL are not listed on any Stock Exchanges. RSL is yet to commence its business operations. We enclose herewith the following in connection with the meeting of Equity Shareholders of the Company convened pursuant to the Order of Hon'ble National Company Law Tribunal, Mumbai Bench and held on Wednesday, March 9, 2022: 1. Update on the proceedings of the Meeting 2. Scrutinizer's Report on e-voting (remote e-voting and e-voting at the Meeting). (As Per BSE Announcement Dated 11.03.2022) Scheme of Arrangement between Reliance Industries Limited & its Shareholders and Creditors and Reliance Syngas Limited & its Shareholders and Creditors - Further update (As per BSE Announcement Dated on 4/4/2022)