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Labourers relaxation in entrance of an commercial of Reliance Industries Limited at a building web site in Mumbai, India, March 2, 2016. REUTERS/Shailesh Andrade/File Photo Acquire Licensing Rights
BENGALURU, Aug 28 (Reuters) – India’s Reliance Industries Ltd (RELI.NS) on Monday appointed Isha, Akash and Anant Ambani, the three youngsters of chairman Mukesh Ambani, as administrators to the board of the oil-to-telecoms conglomerate.
The announcement got here as Reliance is holding its annual common assembly with shareholders.
The billionaire chairman has beforehand mentioned his youngsters would have vital roles within the enterprise and that Reliance was “in the process of effecting a momentous leadership transition”.
Reporting by Munsif Vengattil in Bengaluru; Editing by Jacqueline Wong and Tom Hogue
Our Standards: The Thomson Reuters Trust Principles.
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