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Children to get board seats at Reliance Ind
The Morning Standard
|August 29, 2023
Mukesh to stay at helm for five more years; Nita out of board, to manage the foundation
HISTORY repeats at Reliance Industries after 45 years. In 1977, Dhirubhai Ambani named his son Mukesh to the board of the company. Following in his father’s footsteps, Mukesh on Monday inducted his three children — Isha, Akash and Anant — to the board.
Addressing shareholders at the company’s annual meet, Mukesh, chairman of Reliance Industries, said he will continue to lead the company for five more years. His wife Nita will step down from the board but continue in her role as the chairperson of Reliance Foundation, he added.
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