Nita Ambani to step down as board of director from RIL. Isha, Anant and Akash are set to become the non executive director of RIL board.
Mumbai: The Board of Directors of Reliance Industries Limited made the recommendation to the shareholders for approval of the appointment of Isha Ambani, Akash Ambani and Anant Ambani as non-executive directors of the company at its meeting held on Monday.
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 an even greater impact for India”.
Akash and Isha have been on the boards of Reliance Retail Ventures Ltd — the company that operates supermarkets offering consumer electronics, food and grocery, fashion, jewellery, footwear, and clothing, as well as the online retail venture, JioMart – and digital arm Jio Platforms Ltd (JPL) since October 2014.
