Mukesh Ambani’s Son Anant Ambani Encounters Resistance for Board Seat
Institutional Shareholder Services, a firm that advises shareholders worldwide, suggests that shareholders should not support the idea of adding Anant Ambani, the youngest son of billionaire Mukesh Ambani, to the board of Reliance Industries.
Reliance is seeking a shareholder nod to extend Mukesh Ambani’s tenure for 5 more years as Chairman & MD
Reliance Industries Ltd (RIL) is seeking approval from shareholders to re-appoint Mukesh Ambani as the Chairman and Managing Director for another five years, till 2029.