Reliance Communications Limited — Important, 02-04-2025: Disclosure of material issue

Shri Punit Narendra Garg has resigned from his position as Director of Reliance Communications Limited, effective immediately. His decision aligns with resignations from other board roles across different companies. This leadership change may impact company governance during its ongoing corporate insolvency resolution process, potentially raising concerns among investors regarding management stability. The vacancy of a director position could either present an opportunity for fresh strategic perspectives or pose risks if not filled promptly. Overall, the market could view this as a neutral impact while monitoring further developments in management structure.