Disclosure for Resignation of Mrs. Grace Thomas from the post of Non Executive Non Independent Director of the Company.

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+1.1%1-day move

₹0.92

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₹0.91

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+0.0+0.0+0.0+0.0+1.1+0.0+0.0+0.0+0.0-1.1+6.5+3.3-7.6—

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AI summary

Smt. Grace Thomas has resigned from the position of Non Executive and Non Independent Director of Reliance Communications Ltd, effective May 14, 2026. The resignation was submitted due to personal reasons. This disclosure is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Notably, Reliance Communications is currently under corporate insolvency resolution process since June 28, 2019, with its affairs managed by Resolution Professional Mr. Anish Niranjan Nanavaty. The resignation was communicated via letter dated May 14, 2026, and filed with the stock exchanges on May 18, 2026.

Likely market impact

This is a routine board composition change with no material impact on operations given the company is under insolvency. The departure of one non-executive director has minimal direct shareholder implications.