Reliance Communications approves FY26 results, auditor appointment

Reliance Communications Limited approved its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, at a board meeting held on May 29, 2026. The meeting, chaired by Resolution Professional Mr. Anish Niranjan Nanavaty, also approved the recommendation to appoint M/s. E.A. Patil & Associates LLP as the statutory auditors for a five-year term. The company is undergoing a corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016, with the Resolution Professional managing its affairs since June 28, 2019.

Financial Results and Insolvency Context

The Board considered and approved the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. Pursuant to Regulation 33(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the results were submitted along with the Auditors' Report. The Resolution Professional relied on the certifications, representations, and statements of the management to take the results on record, as no independent verification was carried out.

Auditor Appointment

Based on the recommendation of the Audit Committee and the approval of the Committee of Creditors (CoC) on May 27, 2026, the Board recommended the appointment of M/s. E.A. Patil & Associates LLP, Chartered Accountants (Firm Registration No.117371W/W100092), as the Statutory Auditors. This appointment follows the completion of the term of M/s. Pathak H.D. & Associates LLP.

Particulars	Details
New Auditor	M/s. E.A. Patil & Associates LLP
Firm Registration No.	117371W/W100092
Term	5 consecutive years
Tenure Period	From the conclusion of the 22nd AGM until the conclusion of the 27th AGM (year 2031)
Requirement	Subject to shareholder approval at the ensuing 22nd AGM

The meeting commenced at 11:24 A.M. and concluded at 15:37 P.M. on May 29, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.23%	-1.03%	+5.49%	-18.64%	-45.14%	-33.79%

Smt. Grace Thomas has resigned from her position as Non Executive and Non Independent Director of reliance communications , effective May 14, 2026. The resignation was communicated to the stock exchanges via a regulatory filing submitted on May 18, 2026. The company stated that the director stepped down due to personal reasons.

The disclosure was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resignation letter, dated May 14, 2026, was addressed to the Resolution Professional of the company, acknowledging the opportunity and support extended during her tenure.

Details of Resignation

The following table outlines the key details regarding the change in directorship as provided in the filing:

Sr. No.	Particulars	Details
i.	Reason for change	Smt. Grace Thomas, (DIN: 07079566) has resigned from the position of “Non Executive and Non Independent Director” of the Company due to personal reasons.
ii.	Date of Cessation	May 14, 2026
iii.	Brief profile	Not applicable
iv.	Disclosure of relationship	Not applicable

Corporate Context

Reliance Communications Limited is currently under the corporate insolvency resolution process pursuant to the provisions of the Insolvency and Bankruptcy Code, 2016. With effect from June 28, 2019, the affairs, business, and assets of the company are being managed by the Resolution Professional, Mr. Anish Niranjan Nanavaty. Consequently, the powers of the board of directors are vested in the Resolution Professional, following an order by the Hon'ble National Company Law Tribunal, Mumbai Bench.