RCom’s Punit Garg to be non-executive director

Chennai: Debt-laden Reliance Communications (RCom) said Punit Garg has ceased to be executive director of the company but will continue on the board as non-executive director.

“We wish to inform you that Shri Punit Garg…has ceased to be the Executive Director of the company with effect from 5 April. (He) will continue on the board of the company as non-executive director…,” RCom said in a regulatory filing.

Garg had been serving as executive director at RCom since October 2017. With this change in position, Garg will no longer have to manage day-to-day affairs at RCom.