RCOMNSEReliance Communications Limited· Telecommunication - ServicesMediumNegative
Announced Mon, 18 May · 13:31 IST

Reliance Communications Limited has informed the Exchange regarding Resignation of Smt. Grace Thomas as Non- Executive Non Independent Director of the company w.e.f. May 14, 2026.

Management Changes View source PDF

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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
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AI summary

Reliance Communications Limited has announced the resignation of Smt. Grace Thomas (DIN: 07079566) from the position of Non Executive and Non Independent Director, effective May 14, 2026. The resignation was submitted due to personal reasons. The company is currently under Corporate Insolvency Resolution Process (CIRP) since June 28, 2019, with its affairs managed by Resolution Professional Mr. Anish Niranjan Nanavaty. This is a routine board change disclosure filed under SEBI Listing Regulations. No reason for concern beyond the normal course of director changes.

Likely market impact

This is a single director resignation for personal reasons and unlikely to have any material impact on the company's operations or stock price, especially given the company is under insolvency resolution where board management has already shifted to the Resolution Professional.