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.

Reliance Industries Limited (RIL), India's largest private sector company, has taken a significant step in expanding its energy exploration portfolio. The company has entered into a Joint Operating Agreement (JOA) with Oil and Natural Gas Corporation Limited (ONGC) and BP Exploration (Alpha) Limited for the exploration of Block GS-OSHP-2022/2.

Key Highlights of the Agreement

• The joint operating agreement brings together three major energy companies in a collaborative arrangement.
• The exploration block, GS-OSHP-2022/2, is located off the western coast in the Saurashtra basin.
• The block was awarded to RIL, ONGC, and BP as part of the Hydrocarbon Exploration and Licensing Policy.
• The parties will pursue exploration operations in the block according to the terms of the award.

Strategic Importance

This partnership represents a significant development in India's energy sector, combining the expertise and resources of three industry giants. Reliance Industries, with its strong presence in hydrocarbon exploration and production, is well-positioned to leverage this collaboration for potential future growth.

About Reliance Industries Limited

Reliance Industries continues to be a powerhouse in the Indian corporate landscape. Some key facts about RIL include:

• Recognized in Time's list of the 100 Most Influential Companies, being the only Indian company to achieve this honor twice.

Implications for the Energy Sector

This joint operating agreement underscores the continued importance of collaborative efforts in the energy exploration sector. By pooling their resources and expertise, Reliance Industries, ONGC, and BP are well-equipped to navigate the challenges and opportunities in offshore exploration.

The partnership also aligns with India's broader energy strategy, aiming to enhance domestic production and reduce reliance on energy imports. As exploration activities progress in the Saurashtra basin, the outcomes could have significant implications for India's energy security and the companies involved.

As this development unfolds, stakeholders will be keenly watching the progress and potential discoveries from this strategic alliance in the coming years.