On Monday, Mukesh Ambani’s children – Isha, Akash and Anant, were appointed to the board of Reliance Industries Ltd, in what is seen as a clear path for succession planning at India’s most valuable company.
The board of the energy-to-technology conglomerate met ahead of the company’s annual general meeting (AGM) to approve the appointment of twins Isha and Akash, as well as Anant, as the “non-executive directors of the company,” the firm said in a stock exchange filing.
Last year, the 66-year-old tycoon made way for his first-born, Akash Ambani, to become the chairman of India’s largest mobile firm, Reliance Jio Infocomm Ltd.