RCom shares hit 52-week low after Anil Ambani quits as chairman

MUMBAI : Shares of Reliance Communications on Monday touched their 52-week low of ₹0.57 after the company’s chairman Anil Dhirubhai Ambani, along with four directors, resigned from the company.

Chhaya Virani, Ryna Karani, Manjari Kacker and Suresh Rangachar are the four directors who have tendered their resignation, according to a company release.

Manikantan V had tendered his resignation on October 4 as the director and chief financial officer (CFO) of the company.