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Saudi Aramco Chairman reappointed independent director on RIL board
The Morning Standard
|June 23, 2024
THE majority of shareholders of Reliance Industries (RIL) have approved the reappointment of Saudi Aramco Chairman Yasir Othman H Al-Rumayyan as an independent director on the company's board for five years.
However, over 16% shareholders voted against the proposal.
The shareholders through a postal ballot approved reappointment of Al Rumayyan as well as appointment of Haigreve Khaitan as independent directors on the board, RIL said in a stock exchange filing. They approved reappointment of long-time company executive P MS Prasad as a director for another 5 years. The resolution for reappointment of Al Rumayyan was carried with 83.97% voting in favour of the resolution.
About 16.02% voted against it, the filing showed.
This story is from the June 23, 2024 edition of The Morning Standard.
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