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Business Tit-Bits: Anil Ambani Resigns…So What?? | Reliance | Ambani’s

Reliance Group Chairman Anil Ambani on Friday resigned as director of Reliance Power and Reliance Infrastructure, following markets regulator SEBI order restraining him from associating with any listed company.

“”Anil D Ambani, non-executive director, steps down from the board of Reliance Power in compliance of SEBI (Securities and Exchange Board of India) interim order,”” Reliance Power said in a BSE filing.

In a separate filing to the stock exchange, Reliance Infrastructure said that Anil Ambani has stepped down from its board “”in compliance of SEBI interim order.

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