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RIL has built foundation for next decade in FY19, says Mukesh Ambani

The agenda for approvals at the AGM includes the re-appointment of Nita Ambani as non-executive director, and P M S Prasad as whole-time director on the board

Mukesh Ambani
premium

Mukesh Ambani

Amritha Pillay Mumbai
The last financial year, which saw Reliance Industries’ (RIL) consumer business grow, has built a strong foundation for the next decade, said Chairman and Managing Director Mukesh Ambani, in a letter to shareholders. The company will hold its 42nd annual general meeting (AGM) on August 12.

The agenda for approvals at the AGM includes the re-appointment of Nita Ambani as non-executive director, and P M S Prasad as whole-time director on the board.

The 42nd AGM comes in the backdrop of a busy year, during which RIL witnessed refinancing of debt and the transfer of certain liabilities to the infrastructure investment trust