Anant Ambani Gets Big New Role, to Become Executive Director at Reliance Industries
Major Step in Reliance’s Succession Plan: New Responsibility for Anant Ambani
New Delhi: Reliance Industries Limited (RIL) Chairman Mukesh Ambani had already given key responsibilities of the company’s major businesses to his three children a few years ago. Daughter Isha Ambani was given the retail business, elder son Akash Ambani took charge of the telecom business, and younger son Anant Ambani was given the energy sector. Now, Anant has been given an even bigger role.
Anant Ambani Promoted to Executive Director
The board of directors at Reliance Industries has decided to appoint Anant Ambani as Executive Director from May 1, 2025, for a period of five years. So far, he was serving as a Non-Executive Director.
Since March 2020, Anant has been on the board of Jio Platforms Limited. At Reliance Retail Ventures Limited, Reliance New Energy Limited, and Reliance New Solar Energy Limited, he also has significant roles on the boards. In addition, he is actively connected with the board of the Reliance Foundation.
Anant Ambani graduated from Brown University and has gained valuable experience across different areas of the company. This new role is part of the Ambani family’s succession plan to prepare the next generation for leadership. Recently, in the company’s AGM (Annual General Meeting), Mukesh Ambani praised Anant’s leadership skills and his deep understanding of the energy sector.
Reliance Industries Achieves New Milestone
Reliance Industries has made history by becoming the first Indian company to cross ₹10 lakh crore in total equity value, according to its January-March 2025 financial results.
Digital Business Shows Strong Profits
Mukesh Ambani shared that Reliance’s digital services division posted record revenue and profits this quarter. The company saw major growth due to strong customer engagement and a rising subscriber base.
Board Approves Plan to Raise ₹25,000 Crore
A plan to raise up to ₹25,000 crore has also been authorized by Reliance’s board. The funds will be collected in one or more installments through private placement of listed or unlisted, secured or unsecured, non-convertible debentures.
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