RCOMNSEReliance Communications Limited· Telecommunication - ServicesMediumNeutral
Announced Mon, 18 May · 13:24 IST

Reliance Communications Limited has informed the Exchange about Resignation of Director/KMP/SMP

Management Changes View source PDF

RCOM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+1.1%1-day move
₹0.92
prior close
₹0.91
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AI summary

Smt. Grace Thomas has resigned from the position of Non-Executive Non-Independent Director of Reliance Communications Limited with effect from May 14, 2026. The resignation has been submitted due to personal reasons. The company is currently under corporate insolvency resolution process (IBC) since June 2019, with its affairs managed by Resolution Professional Mr. Anish Niranjan Nanavaty. Only one director resignation is reported in this filing. No reason for concern is indicated as this appears to be a routine personal resignation rather than any governance or dispute-related exit.

Likely market impact

This is a routine director resignation citing personal reasons and unlikely to have any material impact on the company's operations or shareholder value, especially given the ongoing insolvency proceedings where the board's powers are already vested with the Resolution Professional.