Reliance Industries Limited (RIL), one of India's largest conglomerates, has made headlines with a significant block trade and the announcement of shareholder voting results on key appointments.

Block Trade Worth Rs. 144.02 Crore

Reliance Industries executed a block trade on the National Stock Exchange (NSE) involving approximately 1,030,437 shares at Rs. 1,397.70 per share. The transaction, totaling Rs. 144.02 crore, represents a substantial institutional trade in the company's shares.

Shareholders Approve Key Appointments

In a separate development, RIL disclosed the results of a postal ballot conducted through remote e-voting. The shareholders have approved three significant resolutions with overwhelming majority:

1. Appointment of Anant M. Ambani: Shareholders approved the appointment of Shri Anant M. Ambani as a Whole-time Director, designated as an Executive Director, for a period of five years effective from May 1, 2025.

2. Re-appointment of Hital R. Meswani: The re-appointment of Shri Hital R. Meswani as a Whole-time Director, designated as an Executive Director, for another five-year term from August 4, 2025, was also approved.

3. Appointment of Dinesh Kanabar: Shareholders gave their nod to the appointment of Shri Dinesh Kanabar as an Independent Director of the Company for a term of five consecutive years, effective from June 12, 2025.

Voting Results

The voting results revealed strong support for all three resolutions:

The e-voting process was conducted from June 30, 2025, to July 29, 2025, and the results were scrutinized by an independent chartered accountant.

These developments underscore Reliance Industries' ongoing corporate governance practices and the confidence of institutional investors in the company's stock. The approval of key appointments also signals continuity and fresh perspectives in the company's leadership team as it moves forward with its strategic plans.

Reliance Industries Limited (RIL) has announced that its shareholders have approved the appointment of Anant Ambani as a Whole-time Director, designated as an Executive Director, for a period of five years effective May 1, 2025. The decision was made through a postal ballot, with the results disclosed on July 30, 2025.

Voting Results

The resolution for Anant Ambani's appointment received overwhelming support from shareholders. According to the scrutinizer's report:

The resolution passed with a significant majority, garnering 94.41% of the total valid votes cast.

Additional Appointments

In the same postal ballot, shareholders also approved two other significant appointments:

1. Re-appointment of Hital R. Meswani as a Whole-time Director, designated as an Executive Director, for a period of five years from August 4, 2025.
2. Appointment of Dinesh Kanabar as an Independent Director of the Company for a term of five consecutive years, effective June 12, 2025.

About Anant Ambani

Anant Ambani, the youngest son of Mukesh Ambani, is a Brown University graduate. Prior to this appointment, he served as a non-executive director at Reliance Industries. His new role as Executive Director will commence on May 1, 2025, for a tenure of five years.

Anant has been actively involved in various Reliance group companies, serving on the boards of:

• Jio Platforms since May 2022
• Reliance Foundation since September 2022
• Reliance New Energy and Reliance New Solar Energy since June 2021

This appointment marks a significant step in the next generation of leadership at Reliance Industries, one of India's largest conglomerates. The move is seen as part of the company's ongoing succession planning and efforts to involve the younger generation in key leadership roles.