According to reports, Nita Ambani, who was a non-executive director on the board of Reliance Industries, was paid around Rs 6 lakh as sitting fee in the year 2021-22.
Ambani has been on the board of Reliance since 1977 and was elevated as chairman of the company after the death of his father and group patriarch Dhiburhai Ambani in July 2002
Ambani, 66, will cross the company law-mandated 70 years age for the chief executive of the company and requires a special resolution by the shareholders for him to be appointed beyond that age bar.
India Business News: Reliance Industries Ltd, India's most valuable company, has sought shareholder's approval to give Mukesh Ambani another five-year term as chairman and
Reliance Seeks Shareholder Nod To Appoint Ambani As Head For Another 5 Years At Nil Salary freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.