Board Meeting-Outcome of Board Meeting
Enclosed herewith the outcome of the Board meeting held today 18th July, 2018. The meeting of the Board of Directors of the Company commenced at 3.00 p.m. and concluded at 7.15 p.m Kindly take the same on your records The Board Meeting Of Reliance Communications Limited Will Be Held On Wednesday, The 18Th Of July, 2018
A meeting of the Board of Directors of the Company will be held on Wednesday,July 18, 2018, inter alia, to consider and approve the unaudited financial results of the Company for the quarter ended June 30, 2018. Shareholding for the Period Ended June 30, 2018
Reliance Communications Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30, 2018. For more details, kindly Click here Statement Of Investor Complaints For The Quarter Ended June 2018
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 019190 Name of the Signatory :- Mr. Prakash ShenoyDesignation :- Company Secretary and Compliance Officer
Reliance Communications gets momentary relief in its downward spiral
Share price of Reliance Communications (RCom) saw a minor upswing in the past two days after the Telecom Dispute Settlement and Appellate Tribunal directed the Telecommunications Department to release bank guarantees that RCom had provided in 2016 to secure the payment of spectrum-related charges. The company had approached the tribunal contesting a demand for bank guarantees for one-time spectrum charges, and the telecom tribunal provided some relief. RCom is trying to sell its spectrum, towers, fibre and switching nodes to Mukesh Ambani's Reliance Jio in an "all in the family" sale, and is also selling its real estate to Canada’s Brookfield. The sales if they go through would cut the company's Rs. 46,000 crore debt by half. RCom shed over 90% of its workforce in recent months, and has reduced from over 50,000 people to less than 5,000. The company is in multiple negative screeners, including the Highest Fall from 52 Week High Screen. Intimation Of Option To Submit Standalone/Consolidated Financial Results
In terms of Regulation 33(3)(b)(i) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Company will additionally submit quarterly/year to date Consolidated financial results during financial year 2018-19. Reliance Infratel, HSBC Daisy reach settlement; NCLAT disposes of case
This clears the way for the sale of Reliance Communications' tower and fibre assets to Reliance Jio Sistema exits Reliance Communications; sells its 10 percent stake
Sistema JSFC has decided to exit Reliance Communications after the struggling telco recently got entrapped in insolvency proceedings. RCom arm GCX completes India data centre for Eagle Subsea Network
Reliance Communications' subsidiary Global Cloud Xchange (GCX) has completed IDC-5, the largest data centre in the country, as it readies for the la RCom has cut jobs by 94% to 3,400 from 52,000 at its peak
Debt-ridden Reliance Communications has said that the total number of jobs at the company has been reduced by about 94 per cent to 3,400 at present,