RCOM’s committee of creditors to meet again on March 2

Reliance Communications’ (RCOM’s) committee of creditors (CoC) will be holding a meeting again on March 2, 2020 for voting on the company’s resolution plan.

The CoC held a meeting recently to discuss the resolution plan of RCOM. However, voting could not take place as the lenders, including lead creditor State Bank of India (SBI), are yet to take respective board approval on it.

The voting results on various resolutions to sell RCOM, Reliance Telecom and Reliance Infratel are expected to be declared on March 4, 2020.