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RELIANCE COMMUNICATIONS LTD. - Reliance Communications Ltd reply to clarification sought by the exchange
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20 May 2015
The Exchange had sought clarification from Reliance Communications Ltd with respect to news article appearing in Mint on May 20, 2015 titled &quot;Reliance Communications tower sale said to draw ATC&quot;&lt;BR&gt; &lt;BR&gt;Reliance Communications Ltd replied stating &quot;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 fiber assets held in its subsidiary, Reliance Infratel Limited within the current financial year.&lt;BR&gt; &lt;BR&gt;We wish to state that there is no change in the aforesaid status, and Company remains engaged in such discussions.&lt;BR&gt; &lt;BR&gt;The Company will make further disclosures, as and when these developments lead to a disclosable event.&quot;
View all announcements for RELIANCE COMMUNICATIONS LTD. Source: BSE India