Gold Silver Reports (GSR) – Reliance Naval And Engineering Falls After Anil Ambani Resigns – Shares of the Mumbai-based defence equipment maker fell as much as 5 percent to Rs 15.35 after its director Anil Ambani resigned from the company on Aug. 25.
Anil Ambani resigned in compliance with provisions of Section 165 of the Companies Act, 2013, prescribing the limit on directorships to only 10 public companies, the company said in its stock exchange filing.
