Reliance Naval director Anil D Ambani resigned

Anil D Ambani has resigned as the Director of Reliance Naval and Engineering Ltd (RNAVAL), a company official said on Saturday.

As per an official statement from company secretary Paresh Rathod, Ambani resigned in compliance with provisions of Section 165 of the Companies Act, 2013, prescribing the limit on directorships to only 10 public companies.

we hereby inform that Shri Anil D Ambani has resigned as Director of the Company with effect from August 25, 2018, in compliance with provisions of Section 165 of the Companies Act, 2013, prescribing the limit on directorships to only 10 public companies,” the statement read.