Reliance Industries Limited has informed the Exchange regarding Appointment of Mr Dinesh Kanabar as Non- Executive Independent Director of the company w.e.f. Jun 12, 2025.
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Reliance Industries has appointed Mr. Dinesh Kanabar as a Non-Executive Independent Director with effect from June 12, 2025, for a term of 5 years, subject to shareholder approval. He fills the vacancy created by Shri Raminder Singh Gujral, who is completing his second term as an independent director on June 11, 2025. Mr. Kanabar is a prominent Chartered Accountant and founder of Dhruva Advisors LLP, one of India's largest tax advisory firms. He previously served as Deputy CEO of KPMG India and Chairman of Tax Practice at PwC India, and currently sits on the boards of Adani Green Energy and PVR Inox. The appointment was recommended by the Human Resources, Nomination and Remuneration Committee and confirmed he meets independence criteria under the Companies Act and SEBI LODR.
This is a routine independent director rotation with no change in control or strategy. Mr. Kanabar's strong tax and regulatory expertise could add value to the board's oversight capabilities, but investors should not expect any material impact on the stock price or business direction.