Anil Ambani’s sons exit board of Reliance Infrastructure

Anil Ambani’s sons exit board of Reliance Infrastructure

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A company disclosure to bourses said that the brothers ceased to be on the board from January 31, but did not reveal any reason or if they will play any active role in the company. Shares of the company declined 5% on the BSE on Monday, to Rs 19.85. A company spokesperson declined to comment on the reason behind the exit, stating, “the management has not shared any reason with us.”

from News-Economic Times https://ift.tt/2UlQVWb

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