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Home -> Finance -> Full Story

Crucial Reliance Energy Ltd board meet begins
Tuesday, November 30 2004 13:48 Hrs (IST)

Mumbai: The Board of Reliance Energy Ltd (REL), Anil Ambani controlled enterprise, began its meeting in Mumbai today (Nov 30, 2004) to consider various issues, including the resignation by six of its Directors.

The six Directors, including four full-time Directors and one Reliance Industry Ltd's representative, had sent in their resignations on November 25, without specifying any reason.

Spotlight: Battle of Ambanis -- Will they stick or split?

REL chairman Anil Ambani in his communication to employees on Sunday (Nov 28, 2004) had requested Directors to continue to function.

The Board also would discuss other related matters.

PTI



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