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| Exchange Received Time 21/11/2019 16:17:17 Exchange Disseminated Time 21/11/2019 16:17:26 Time Taken 00:00:09 | We are in receipt of your e-mail dated 21 November 2019 on the captioned subject. In connection with the abovementioned news-item published in "CNBCTV 18" dated 21 November 2019 stating that RBL is in talks with Bajaj Holdings & Investment Limited for its proposed fund raising.
As desired by you, we wish to clarify as under:
As an Investment company, we manage a large investment portfolio and evaluate many companies on a regular basis. No decision has been taken by our company on any investment in RBL.
At this stage, no event has occurred necessitating any disclosure to be made by the company under the SEBI (LODR) Regulations, 2015.
Needless to add, we are committed to good corporate governance practices and will continue to adhere to all the applicable laws.
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