{"id":609614,"date":"2023-10-11T09:27:56","date_gmt":"2023-10-11T03:57:56","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=609614"},"modified":"2023-10-11T09:53:57","modified_gmt":"2023-10-11T04:23:57","slug":"iias-tells-investors-to-vote-against-anants-appointment-on-ril-board","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/iias-tells-investors-to-vote-against-anants-appointment-on-ril-board\/","title":{"rendered":"IiAS tells investors to vote against Anant&#8217;s appointment on RIL board"},"content":{"rendered":"<p>Proxy advisory firm IiAS has recommended that institutional investors should vote against the appointment of Anant Ambani on Reliance Industries\u2019 (RIL\u2019s) board, stating his age as the reason. The firm has, however, given its green light to the appointment of Anant\u2019s elder siblings \u2014 Akash and Isha. <\/p>\n<p>In its recommendation note, IiAS said, \u201cAt 28 years of age, his appointment as a non-executive, non-independent director does not align with our voting guidelines.\u201d <\/p>\n<p>Ambani\u2019s two elder children \u2014 Akash and Isha \u2014 are 31 years of age. <\/p>\n<p>According to IiAS voting guidelines, it will recommend voting for the appointment of any director (among other criteria) unless the director lacks adequate experience.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Proxy advisory firm IiAS has recommended that institutional investors should vote against the appointment of Anant Ambani on Reliance Industries\u2019 (RIL\u2019s) board, stating his age as the reason. The firm has, however, given its green light to the appointment of Anant\u2019s elder siblings \u2014 Akash and Isha. In its recommendation note, IiAS said, \u201cAt 28 years of age, his appointment as a non-executive, non-independent director does not align with our voting guidelines.\u201d Ambani\u2019s two elder children \u2014 Akash and Isha \u2014 are 31 years of age. According to IiAS voting guidelines, it will recommend voting for the appointment of any [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-609614","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/609614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=609614"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/609614\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=609614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=609614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=609614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}