Reliance Industries stated Monday it has appointed the three youngsters of billionaire Mukesh Ambani — Isha Ambani, Akash Ambani and Anant Ambani — to its board, the newest within the succession plan on the nation’s largest firm, which operates the nation’s largest telecom operator and retail chain.
Nita, Ambani’s spouse, has resigned from the board, stated the $202 billion oil-to-retail big in an announcement, revealed on the native inventory alternate.
“Isha Ambani, Akash Ambani and Anant Ambani have been intently concerned with and are main and managing key companies of RIL over the previous couple of years together with retail, digital providers and power and supplies companies,” the corporate stated in an announcement.
“Additionally they serve on the boards of the important thing subsidiaries of RIL. Their appointment to the Board of RIL will allow RIL to achieve from their insights and infuse new concepts, the Board opined.”