The voting results in the format prescribed under Regulation 44(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 along with the Scrutiniser's Report on remote e-voting, for postal ballot notice dated June 28, 2025, are attached.
RELIANCE · price
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Reliance Industries announced the results of its postal ballot concluded on July 29, 2025, covering three director-related resolutions. All three resolutions were passed with the required majority. Resolution 1 approved the appointment of Anant M. Ambani as Whole-time Director (Executive Director) for 5 years from May 1, 2025, receiving 94.41% votes in favour. Resolution 2 approved the re-appointment of Hital R. Meswani as Executive Director for 5 years from August 4, 2025, with 94.29% support. Resolution 3 approved the appointment of Dinesh Kanabar as Independent Director for 5 years from June 12, 2025, with 91.51% support. The promoter group voted 100% in favour of all resolutions, while public institutional and non-institutional investors showed some dissent, particularly on the Independent Director appointment.
Anant M. Ambani, son of promoter Mukesh Ambani, has formally joined the RIL board as Executive Director, signalling the next generation of the promoter family taking on an active operating role. The strong but not unanimous approval (especially ~8.5% dissent on the Independent Director appointment) suggests some institutional investors had reservations but overall the outcomes are in line with expectations.