Anant Ambani, the youngest son of Mukesh and Nita Ambani, has been officially appointed as a whole-time Executive Director for a 5-year term. The approval from the shareholders came after the resolution was passed through an e-voting process on July 29.
Anant is a graduate of Brown University and was already serving as a non-executive director. This advancement marks a substantial move in Mukesh Ambani’s ongoing succession planning. It was primarily outlined in August 2023 when Mukesh Ambani announced that his three children – Akash, Isha, and Anant – would join the board as non-executive directors.
Anant’s annual salary will now range from ₹10 crore to ₹20 crore, according to a regulatory filing. The final figure is yet to be determined by the company’s Human Resources Committee.
Moreover, he will also get additional benefits. These include:
• Residence or house rent allowance provided by the company
• Compensation for utilities and home maintenance
• Leave travel allowance for him and his family
• Official travel and reimbursements during stays
• Vehicles and communication expenses as per the company
Furthermore, Anant Ambani will be entitled to a performance-linked salary based on the net profit of RIL.
Until now, Isha and Akash were only receiving sitting fees and commissions. For FY24, Anant, Akash, and Isha earned ₹4 lakh each as sitting fees and ₹97 lakh in profit-based commissions.
The formal induction of Anant Ambani is a direct signal of a full-time leadership role being forwarded to the next generation of management within one of India’s largest business empires.
A Snapshot:
• Anant Ambani has been appointed as the Executive Director of RIL
• His tenure is for five years starting May 1, 2025
• His annual salary will range between ₹10–20 crore
• He will get several allowances and performance-linked incentives.
Ankur Mishra is a journalist who covers an extensive range of news, from business, stock markets, IPOs to geopolitics, world affairs, international crises, and general news. With over a decade of experience in the business domain, Ankur has been associated with some of the reputed media brands. Through a sharp eye on global marketplaces along with deep insights and analysis of business strategies, Ankur brings simplicity to the complex economic matrix to decode market trends and empower people.
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