Reliance seeks shareholder nod to appoint Ambani as head for another 5 years at nil salary
New Delhi, August 2023. Reliance Industries Ltd, India’s most valuable company, has sought shareholder’s approval to give Mukesh Ambani another five-year term as chairman and managing director of the company till 2029 — a period during which he has opted to draw nil salary. Ambani, 66, will cross the company law-mandated 70 years age for…