Isha, Akash and Anant Ambani to join Reliance Industries board, shareholders approve proposal with over 90% votes

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Mumbai, 27th October-2023, Friday

Shareholders have approved the inclusion of three members of the Ambani family, Isha, Akash and Anant Ambani, in the board of Reliance Industries. The shareholders have approved the appointment of the three siblings as non-executive directors of the company. In a regulatory filing, the company told the BSE Stock Exchange that the proposal to appoint the three siblings as non-executive directors on the board of Reliance Industries has been approved with an overwhelming majority.

How many votes of the shareholders did the three brothers get?

Reliance Industries said in an exchange filing that the resolution was passed with a majority on October 26, 2023. Isha Ambani got a total of 98.21 percent of the votes, while Akash Ambani got 98.06 percent and Anant Ambani got a total of 92.67 percent of the votes.

The board has already given approval

In the AGM of Reliance Industries held on August 28-2022, Chairman Mukesh Ambani announced that Isha, Akash, Ambani will be included as non-executive directors in the Reliance Industries Board. The company's board had already approved the proposal to include the three siblings on the board. However, approval from the shareholders was awaited. Now the company's shareholders have approved the inclusion of the three siblings on the board. Nita Ambani has resigned from the board of Reliance Industries.

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