The board of directors of Reliance Industries Ltd. (RIL) has recommended the appointment of Chairman Mukesh Ambani’s wife and Chairperson of Reliance Foundation Nita M. Ambani, as a director on the board of RIL.
She is being nominated to the board in place of Ramnik H. Ambani, who is retiring at the age of 90 years.
Approval of the shareholders will be sought in the 40th AGM being held on June 18.