Mukesh Ambani’s children join Reliance Board; Nita Ambani to step down

The Board of Directors of Reliance Industries Limited (RIL), at its meeting held on August 28 on the recommendation of the Human Resources, Nomination and Remuneration Committee, considered and recommended to the shareholders for approval of appointment of Isha Ambani, Akash Ambani and Anant Ambani as Non-Executive Directors of the Company. 

“Their appointment will take effect from the date they assume office after approval by the shareholders,” RIL said in a statement.

The Board of Directors also accepted the resignation of Nita Ambani from the Board respecting her decision “to devote her energies and time to guide and enable Reliance Foundation (RF) to make even greater impact for India.”