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Reliance appoints Isha, Akash and Anant Ambani to board

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NEW DELHI: Reliance Industries on Monday made a major announcement, appointing Isha Ambani, Akash Ambani, and Anant Ambani as administrators to the board of the diversified conglomerate spanning oil and telecommunications.
Preceding the corporate’s annual common assembly, the Reliance board convened to endorse the appointments of twins Isha and Akash, in addition to Anant, as “non-executive directors of the company.” The formal announcement was made by means of a submitting with the inventory change.
However, Ambani’s spouse, Nita Ambani, stepped down from the board, to commit extra of her time to the Reliance Foundation charity.
Lat 12 months, the 66-year-old magnate facilitated the transition of his eldest, Akash Ambani, into the function of chairman at India’s largest cellular firm, Reliance Jio Infocomm Ltd. Despite this transition, Ambani, nonetheless, continued to be the chairman of Jio Platforms, the entity overseeing Reliance Jio Infocomm.
Akash’s counterpart, Isha, aged 31, was assigned a job in Reliance’s retail division, whereas the youngest among the many siblings, Anant, was directed in direction of the realm of recent power enterprise.


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