In a recent announcement made through a stock exchange filing, Reliance Jio revealed that Sanjay Mashruwala, one of its two managing directors, has tendered his resignation from the company.
Mashruwala, aged 76, has been a pivotal figure at Reliance since the era of founder Dhirubhai Ambani, actively participating in various projects and business endeavors.
His departure from Jio will take effect from June 9, according to the filing. However, Pankaj Mohan Pawar, the other managing director, will continue in his position, as stated in the BSE filing.
The official filing stated, "This is to inform that Sanjay Mashruwala, Managing Director, has tendered his resignation as Director of the company, effective from June 9, 2024."
Mashruwala, known for his extensive experience, has served as Managing Director of the company since 2013. The filing further conveyed the Board's acknowledgment of Mashruwala's significant contributions to the company's transformative journey.
Reliance Jio's stock exchange announcement marks the end of Mashruwala's tenure, acknowledging his valuable role in shaping the company's trajectory.
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