News on Medial

Reliance Jio MD Sanjay Mashruwala Resigns

Inc42 · 1y

Sanjay Mashruwala, the Managing Director of Reliance Jio Infocomm, has resigned from his position. Mashruwala, who took on the role in 2013, will cease to be the director of the telecom company from June 9. Pankaj Mohan Pawar, the other Managing Director, will continue in his role. Mashruwala's resignation comes as Reliance Jio reported a 13% year-on-year increase in its standalone net profit for the March quarter. Reliance Jio has also onboarded more than 10.8 crore subscribers onto its 5G network.