Reliance Communications Holds 72nd Committee of Creditors Meeting Amid Insolvency Resolution Process
Reliance Communications Limited's Committee of Creditors (CoC) is scheduled to convene its 72nd meeting on Tuesday, June 09, 2026. This gathering takes place while the company remains under the corporate insolvency resolution process as mandated by the Insolvency and Bankruptcy Code, 2016.The meeting is part of the ongoing efforts related to Reliance Communications Limited's financial standing. The company continues to operate within the framework established by the regulatory requirements concerning its status in the resolution process.
Details regarding the management structure confirmed that under the provisions of the Insolvency and Bankruptcy Code, 2016, the affairs and business of Reliance Communications are managed by the Resolution Professional. Mr. Anish Niranjan Nanavaty was appointed as the Resolution Professional by the National Company Law Tribunal (NCLT), Mumbai Bench, via an order dated June 21, 2019.
RCOM Stock Price Movement
As of 2:00 PM, shares of Reliance Communications Limited are edging higher to ₹0.99, gaining 1.02% in live trading. The stock is moving within its intraday range of ₹0.97 to ₹1.01, with nearly 1.9 million shares trading during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.