Anil Ambani quits as Reliance Communications director

Anil Ambani quits as Reliance Communications director
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Highlights

A day after details of losses incurred by the Reliance Communications in the second quarter of 2019-2020 were made public, Reliance Communications on Saturday said Anil Dhirubhai Ambani resigned as the company's director.

Mumbai: A day after details of losses incurred by the Reliance Communications in the second quarter of 2019-2020 were made public, Reliance Communications on Saturday said Anil Dhirubhai Ambani resigned as the company's director.

Along with him, four other senior officials of the Reliance Communications have also stepped down from their posts. These are Chhaya Virani, Ryna Karani, Manjari Kacker and Suresh Rangachar.

In the second quarter of 2019-20, Reliance Communications' consolidated loss stood at Rs 30,142 crore.

This data was released on Friday. In a letter addressed to the Bombay Stock Exchange and the National Stock Exchange of India Ltd, the Reliance Communications said it is informing them about the recent developments.

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