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Home -> Finance -> Full Story

Four REL board members withdraw their resignations
Wednesday, January 19 2005 15:16 Hrs (IST) - World Time -

Mumbai: The board of directors of Reliance Energy Ltd today (Jan 19, 2005) asked four out of six whole time Directors to withdraw their resignations.

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The Directors; Executive Vice Chairman Satish Sheth, Business Development Director J P Chalasani, Operations Director S C Gupta and Finance Director K H Mankad, who withdrew their resignation, reaffirmed their full faith and confidence in the leadership of Anil Ambani, REL (Reliance Energy Ltd) said in a release in Mumbai.

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The board of RIL has now reaffirmed confidence in REL board and a communication for its nominees to continue on REL board has been sent, the release added.

The six directors had tendered their resignation during the last meeting held in November.

PTI



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