Disclosure of voting activities in general meetings of investee companies in which the insurers have actively participated and voted

Name of the Insurer: Future Generali India Insurance Co. Ltd

Period of Reporting: April 2021 – June 2021

Meeting Date	Investee Company Name	Type of Meeting (AGM/EGM)	Proposal of Management/ Shareholders	Description of Proposal	Management Recommendation	Vote (For/ Against/ Abstain)	Reason supporting the Vote decision
22-June2021	Dewan Housing Finance Corp. Ltd (DHFL)	E-voting No. 1	To approve revisions to the distribution mechanism of the value receivable by certain creditors.	To approve revisions to the distribution mechanism of the value receivable by certain creditors of Dewan Housing Finance Corporation Limited (“DHFL”) under the resolution plan submitted by Piramal Capital & Housing Finance Company Limited (as discussed in the Twentieth Meeting of the Committee of Creditors of DHFL)1	Management has sought approval of the NCD holders to approve the distribution mechanism of the value receivable by the creditors of DHFL under the resolution plan submitted by the successful resolution applicant.	Voted in against of the resolution	The amount of recovery for Secured NCD Holders is higher under the old distribution plan. Also, the proposal is against the interest of our stakeholders. Hence we voted against the new resolution plan proposed by CoC to improve the chances of getting higher recovery for our exposure.
22-June2021	Dewan Housing Finance Corp. Ltd (DHFL)	E-voting No. 2	To authorise State Bank of India, Union Bank of India and Catalyst Trusteeship Limited (acting in its capacity as Debenture Trustee for debenture holders of DHFL) to act on behalf of the Committee of Creditors, as per the below proposal	To authorise State Bank of India, Union Bank of India and Catalyst Trusteeship Limited (acting in its capacity as Debenture Trustee for debenture holders of DHFL) to act on behalf of the Committee of Creditors, as per the below proposal:	Management has sought approval of the NCD holders to authorize State Bank of India, Union Bank of India and Catalyst Trusteeship Limited (acting in its capacity as Debenture Trustee for debenture holders of DHFL) to act on behalf of the Committee of Creditors	Voted in against of the resolution	We believe voting For the resolution would mean giving a blanket approval to the three entities (as mentioned below ) to act on behalf of CoC and we are not comfortable giving such an approval to a Bank, whose interest could be very different than NCD Holders. Hence, we vote against the said resolution plan

Place: Mumbai

Signature of Compliance Officer

Date: 15/07/2021

Disclosure of voting activities in general meetings of investee companies in which the insurers have actively participated and voted

Name of Insurer Future: Generali India Insurance Company Limited

Period of Reporting: July 2021 - September 2021

Meeting Date	Investee Company Name	Type of Meeting (AGM/EGM)	Proposal of Management/ Shareholders	Description of the proposal	Management Recommendation	Vote	Reason supporting the vote decision
Meeting Date	Investee Company Name	Type of Meeting (AGM/EGM)	Proposal of Management/ Shareholders	Description of the proposal	Management Recommendation	(For / Against / Abstain)	Reason supporting the vote decision
08th July 2021	Dewan Housing Finance Corporation Limited	Evoting	Committee of creditors	To approve Revisions to the distribution mechanism of the value receivable by certain creditors of DHFL		Vote For	As per new distribution mechanism fund receivable is more the old distribution mechanism

Place: Mumbai

Signature of Compliance Officer

Date: 27/11/2021

Disclosure of voting activities in general meetings of investee companies in which the insurers have actively participated and voted

Name of Insurer: Future Generali India Insurance Company Limited

Period of Reporting: October 2021 - December 2021

Meeting Date	Investee Company Name	Type of Meeting (AGM/EGM)	Proposal of Management/ Shareholders	Description of the proposal	Management Recommendation	Vote	Reason supporting the vote decision
						(For / Against / Abstain)

NIL

Place: Mumbai

Signature of Compliance Officer

Date: 14/02/2022

Disclosure of voting activities in general meetings of investee companies in which the insurers have actively participated and voted

Name of Insurer: Future Generali India Insurance Company Limited

Period of Reporting: January 2022 - March 2022

Meeting Date	Investee Company Name	Type of Meeting (AGM/EGM)	Proposal of Management/ Shareholders	Description of the proposal	Management Recommendation	Vote	Reason supporting the vote decision
Meeting Date	Investee Company Name	Type of Meeting (AGM/EGM)	Proposal of Management/ Shareholders	Description of the proposal	Management Recommendation	(For / Against / Abstain)	Reason supporting the vote decision
08-03-2022	Reliance Industries Ltd (RIL)	Evoting	To approve the Scheme Of Arrangement Between Reliance Industries Limited & Its Shareholders And Creditors And Reliance Syngas Limited & Its Shareholders And Creditors (Secured NCD's)	RIL has initiated the process of reorganizing by carving-out gasification undertaking into an independent subsidiary. RIL will transfer the Gasification Undertaking as a going concern on Slump Sale basis to Reliance Syngas Limited (“RSL”), a wholly owned subsidiary of RIL. The nature of risk and returns associated with the Gasification Business will be distinct from those of the other businesses of RIL. This distinct business profile also provides the opportunity to attract a different pool of investors and strategic partners for the Gasification Business and new materials and chemicals projects. This is the primary rationale for the reorganisation being undertaken now.	Management has sought approval of the NCD holders to approve the Scheme of Arrangement.	Vote 'For the resolution'	• We believe that RIL’s reorganization of its Gasification assets into Reliance Syngas Limited (“RSL”) provides the opportunity to potentially attract a different pool of investors and strategic partners. Formation of a separate RSL subsidiary is a precursor to strategic partnerships and new investors in the business. • Additionally, we believe that the reorganization will have little, if any, impact on the consolidated financials. • RIL is expected to retain its investment grade international (BBB+/ Baa2), and domestic (AAA) credit ratings are already reaffirmed. • Our investment will still be in the parent company, Reliance Industries Limited, and all debt servicing (interest and maturity) will be done by RIL. • All debt covenants are complied with
08-03-2022	Reliance Industries Ltd (RIL)	Evoting	To approve the Scheme Of Arrangement Between Reliance Industries Limited & Its Shareholders And Creditors And Reliance Syngas Limited & Its Shareholders And Creditors (Secured NCD's)	RIL has initiated the process of reorganizing by carving-out gasification undertaking into an independent subsidiary. RIL will transfer the Gasification Undertaking as a going concern on Slump Sale basis to Reliance Syngas Limited (“RSL”), a wholly owned subsidiary of RIL. The nature of risk and returns associated with the Gasification Business will be distinct from those of the other businesses of RIL. This distinct business profile also provides the opportunity to attract a different pool of investors and strategic partners for the Gasification Business and new materials and chemicals projects. This is the primary rationale for the reorganisation being undertaken now.	Management has sought approval of the NCD holders to approve the Scheme of Arrangement.	Vote 'For the resolution'	• We believe that RIL’s reorganization of its Gasification assets into Reliance Syngas Limited (“RSL”) provides the opportunity to potentially attract a different pool of investors and strategic partners. Formation of a separate RSL subsidiary is a precursor to strategic partnerships and new investors in the business. • Additionally, we believe that the reorganization will have little, if any, impact on the consolidated financials. • RIL is expected to retain its investment grade international (BBB+/ Baa2), and domestic (AAA) credit ratings are already reaffirmed. • Our investment will still be in the parent company, Reliance Industries Limited, and all debt servicing (interest and maturity) will be done by RIL. • All debt covenants are complied with

Place: Mumbai

Signature of Compliance Officer

Date: 03/06/2022

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