Enclosed herewith is the Statement of Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2018 along with Limited Review Report submitted by the Statutory Auditors of the Company and Media Release.
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
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.
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
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.
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.