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Ambani’s youngest son, Anant, faces proxy firms’ pushback on board seat

by October 17, 2023 0

Institutional Shareholder Services Inc. has advised shareholders to vote against the appointment of Anant Ambani, the youngest son of billionaire Mukesh Ambani, to the board of Reliance Industries. The proxy advisory firm expressed concerns about Anant’s limited leadership experience. Mumbai-based Institutional Investor Advisory Services also recommended against the appointment. However, another proxy firm, Glass...

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