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HP Inc. (HPQ) Amends Bylaws to Decrease Board to 12 Seats

HP Inc. (HPQ) Amends Bylaws to Decrease Board to 12 Seats
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Meet Mukesh Ambani's closest aides who help him to remain richest man in India

In October last year, Mukesh Ambani's children Isha Ambani, Akash Ambani and Anant Ambani were inducted into the board of directors.

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Educational qualifications of Rs 1663000 crore Reliance Industries' board: Mukesh Ambani, Akash, Isha Ambani, others

Apart from Mukesh Ambani and his children Isha, Akash and Anant, RIL’s board includes some of the top paid executives in India, some veterans of the group and a globally renowned businessman.

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Ambani's children will get no salary, only fee for attending board meetings

While Ambani, 66, drew nil salary from the company since the 2020-21 fiscal year, other executive directors including his cousins Nikhil and Hital are paid a salary, perquisites, allowances and commission.

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Ambani's children will get no salary, only fee for attending board meetings

The terms of the appointment of the three are the same as the ones on which Ambani s wife Nita was appointed to the company board in 2014. She earned a sitting fee of Rs 6 lakh and a commission of Rs 2 crore in the 2022-23 fiscal year (April 2022 to March 2023), according to the company s latest annual report.

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