Announces Consolidated Q4 & FY15 Results
Reliance Communications Ltd has announced the following Consolidated results for the quarter & year ended March 31, 2015:The Consolidated Results are as follows:The Un-Audited Consolidated results for the Quarter ended March 31, 2015The Group has posted a net profit after taxes, Minority interest and Share of Profit/(Loss) of Associates of Rs. 2280 million for the quarter ended March 31, 2015 as compared to Rs. 1560 million... FY15 results on May 29, 2015
Reliance Communications Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 29, 2015, inter alia, to consider and approve the Audited Financial Results of the Company for the quarter and year ended March 31, 2015.Further, pursuant to the Reliance Communications Limited - Code of conduct to Regulate, Monitor and Report trading in Securities and fair disclosure of Unpublished Price Sensitive Information... Reliance Communications Ltd reply to clarification sought by the exchange
The Exchange had sought clarification from Reliance Communications Ltd with respect to news article appearing in Mint on May 20, 2015 titled "Reliance Communications tower sale said to draw ATC" Reliance Communications Ltd replied stating "The Company had informed the stock exchange vide its letter dated 06.05.2015 that Company has invited certain Investment Banks to make proposals for running a process to monetise the valuable tower and... Clarification sought from Reliance Communications Ltd
The Exchange has sought clarification from Reliance Communications Ltd with respect to news article appearing in Mint on May 20, 2015 titled "Reliance Communications tower sale said to draw ATC." The reply is awaited. Code of Conduct of Fair Disclosure
Reliance Communications Ltd has informed BSE that pursuant to Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the Company has formulated and adopted a Code of Conduct for Prevention of Insider Trading and Code for Fair Disclosure of UPSI.A Code for Fair Disclosure of UPSI has been uploaded on the Website of the Company i.e.; www.rcom.co.in. Reliance Communications Ltd reply to clarification sought by the exchange
The Exchange had sought clarification from the Reliance Communications Ltd with respect to news appearing in The Times of India on May 16, 2015 titled "RCOM eyes Sistema's India ops in all-share deal." The Company replied stating "The Company is engaged in several discussions for strategic partnerships, as part ofits overall deleveraging initiatives.The Company shall make appropriate disclosures and announcements, as and when any disclosable event occurs." Clarification sought from Reliance Communications Ltd
The Exchange has sought clarification from Reliance Communications Ltd with respect to news article appearing in The Times of Indiaon May 16, 2015 titled "RCOM eyes Sistema's India ops in all-share deal." The reply is awaited. ATC may walk out of talks with Viom
Could look at other assets, including Reliance Infratel RComm: Infratel sale a significant trigger
High debt a key overhang for the stock, which has underperformed peers and broader markets