The Anil Dhirubhai Ambani Group (ADAG) is planning a major restructuring exercise at its infrastructure and telecom arms.

The Anil Dhirubhai Ambani Group (ADAG) is planning a major restructuring exercise at its infrastructure and telecom arms.

The reorganisation and restructuring schemes, approved by the directors of Reliance Infrastructure and RCOM, are aimed at unlocking value, simplifying the business structure and bringing in greater transparency. According to sources, RCOM’s board has approved to transfer its optic fibre division to the subsidiary, Reliance Infratel, to create a single telecom infrastructure entity and thus cut down operating costs. According to the plan, there will be no change in the overall capital structure of RCOM and Reliance Infratel, and no shares or securities will be issued or cancelled at either company.