Filter announcements
Loading...
Incorporated in 2004, Reliance Communications Ltd own and operate IP enabled connectivity infrastructure comprising of fibre optic cable systems
DoT encashed Bank Guarantees totaling ₹5.55 Cr from RCOM and ₹0.16 Cr from its subsidiary RTL due to outstanding License Fee dues. This action has financial implications the company, currently under insolvency, is assessing.
RCOM reported a consolidated loss of (825) Cr for the quarter. Auditors cited major concerns: non-provision of **Rs 1,186 Cr** interest, asset-for-sale issues, and going concern uncertainty. The company faces ongoing insolvency, investigations, and asset attachments by authorities.
RCOM updated email IDs for its CFO, Company Secretary, investor relations, and regulatory filings. Stakeholders should use the new @rcom.co.in domain for all future correspondence.
Reliance Communications reported a fire at its Navi Mumbai office affecting IT servers and infrastructure. No injuries occurred. Damages are covered by insurance, with the company initiating the claim process.
Reliance Communications: CBI searched a Non-Executive Director's residence. The company confirmed business operations and financials remain unaffected, citing ongoing insolvency resolution protections.