Anil Ambani has resigned from the post of director of Reliance Communications (RCom), a debt-burdened company. The company gave this information to the stock markets on Saturday. In the information given to the stock markets, the company has said that along with Ambani, Chhaya Virani, Rayna Karani, Manjari Kakar, Suresh Rangachar have resigned as directors of RCom.
Earlier, Manikantan V, left the post of Director and Chief Finance Officer (CFO) of the company. The company has said that these resignations will be put up for consideration in front of the company's loan-giving committee (COC).
RCom is currently in bankruptcy process. Due to the decision of the Supreme Court on the statutory arrears, the company has had to make huge provisions for its liabilities. This has resulted in a loss of Rs 30,142 crore to the company in the July-September quarter of the current financial year.
