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Shareholders have given approval to the appointment of Ambani scions Akash, Isha and Anant on board of Reliance Industries, the company said in a stock exchange filing.
Shareholders of Reliance Industries have voted in favor of appointing Chairman Mukesh Ambani s children, Anant Ambani, Akash Ambani, and Isha Ambani, as non-executive directors on the company board. The decision comes despite concerns voiced by some proxy advisory firms that had recommended voting against Anant s appointment. India has a large young population, and companies may benefit from age diversity on boards, particularly as the business landscape evolves and technology plays a crucial role.