Date: 10 November 2020

On 27 October, 2020, published an article stating that Reliance Retail, of Reliance Industries Limited, might soon acquire Electronics Mart India Limited (EMIL), which runs a chain of electronic stores in Andhra Pradesh and Telangana, under the name Bajaj Electronics. The article also stated that EMIL is likely to launch its own range of products under its Bajaj brand. We hereby inform that the article was erroneously reported and therefore withdrawn, with immediate effect.