Nita Ambani Resigns; Isha, Akash, and Anant Join Reliance Board

Reliance is getting ready to designate Isha Ambani, Akash Ambani, and Anant Ambani as non-executive directors within the diversified conglomerate covering sectors from oil to retail.

Industrialist Mukesh Ambani’s wife Nita Ambani has stepped down from Reliance Industries Limited board of directors, making way for their children Isha, Akash, and Anant.

Isha Ambani, Akash Ambani, Anant Ambani are set to be appointed non-executive directors of the oil-to-retail conglomerate.

The board of directors has recommended their appointment and is pending approval by its shareholders.

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Stated in an official announcement, the Ambani heirs have been notably active and in leadership positions. They have overseen crucial sectors including retail, digital services, energy, and materials. And They have overseen crucial sectors including retail, digital services, energy, and materials. They also serve on the boards of the key subsidiaries of Reliance.

The board has approved Nita Ambani’s resignation. She will participate in meetings as a permanent invitee, offering continuous guidance, as mentioned in the 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 to make even greater impact for India,” it said.

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