Along with four others, even as the bankrupt carriers nears the sale of its assets under the process of insolvency. Anil Ambani has resigned from his position as director of Reliance Communications. Chhaya Virani, Ryna Karani, Manjari Kacker and Suresh Rangachar have also resigned from positions of directors, the company said in a notice to the Bombay Stock Exchange on Saturday.
“Manikantan V., has also tendered his resignation as a director and Chief Financial Officer of the Company earlier. The aforementioned resignations shall be put up to the committee of creditors of the Company for their consideration,” the company said.
RCom’s share closed at Rs 0.59 Friday, falling by 3.28%.
The development follows RCom’s consolidated loss of Rs 30,142 crore for the second quarter, released on Friday, after provisioning for statutory licence fee and spectrum usage dues, versus a profit of Rs 1,141 crore the year before.
Anil Ambani resigns from post of director in Reliance Communications
