Reliance Communications Limited
(RCOM) on Friday announced that the Company’s shareholders approved the
monetization of its assets.
RCOM announced the results of the
postal vote on Thursday, February 15, through which the shareholders approved
the resolution to monetize the Telecom Infrastructure, Towers, Spectrum, Fiber and
other assets with a vast majority of 99.91%, RCom said. Post the other asset sales, RCom will consist
of a steady and profitable B2B focused biz, in the world.
Shares of RCom are trading at Rs 28.35,
by Rs. 1.61 or 0.45% on Exchanges by 3.05 pm. The scrip opened at Rs. 28.45 and
has touched a high of Rs. 29 and low of Rs 27.65.
Shares of Hindustan Petroleum Corp, down 3.5% as they traded ex-dividend.
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