We wish to inform you that the Board of directors of the Company, in its meeting held on Monday, May 06, 2019, has approved the Composite scheme of arrangement between Bharti Airtel Limited ('Transferor Company 1'), Bharti Airtel Services Limited ('Transferor Company 2'), Hughes Communications India Limited ('Transferee Company 1'), and HCIL Comtel Limited ('Transferee Company 2') and their respective shareholders and creditors under sections 230 to 232 and other applicable provisions of the Companies Act, 2013 for: (a) transfer of the VSAT business undertaking of the Transferor Company 1 and vesting of the same with the Transferee Company 1; and (b) transfer of the VSAT business undertaking of the Transferor Company 2 and vesting of the same with the Transferee Company 2, both on a going concern basis by way of a slump sale in accordance with section 2(42C) of the Income-tax Act, 1961. The details as required to be disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Annexure I of the SEBI Circular dated September 9, 2015, will be intimated separately. In furtherance to the earlier communication dated May 07, 2019 and in terms of Regulation 30 of SEBI Listing Regulations, we wish to inform you that: a) upon approval of Hon'ble National Company Law Tribunal and the Department of Telecommunications, the Composite scheme of arrangement between Bharti Airtel Limited, Bharti Airtel Services Limited, Hughes Communications India Private Limited and HCIL Comtel Private Limited and their respective shareholders and creditors under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013, has become effective on Tuesday, January 04, 2022; and b) the Company holds ~ 33% stake in Hughes Communications India Private Limited w.e.f. January 04, 2022. The details as required to be disclosed under aforesaid Regulation 30 read with SEBI Circular dated September 9, 2015, are enclosed. The press release issued by the Company in this regard, is also enclosed. Kindly take the same on record. (As Per BSE Announcement Dated on 05.01.2022)