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Mukesh Ambani will no longer be the chairman of Reliance Jio Infocomm Limited, resigns…

Mukesh Ambani Resigns Reliance : On hearing the name of Reliance, the first thing that comes to mind in one’s mind is the face of Mukesh Ambani. But let us tell you that well-known industrialist Mukesh Ambani has resigned from the post of chairman of Reliance Jio Infocomm Limited. However, there is nothing to worry because he has left this post for his elder son Akash Ambani. Akash will now be the chairman of Reliance Jio Infocomm Ltd. In the meeting of the Board of Directors held on June 27, his name was stamped. Prior to this, Akash Ambani was working as a non-executive director on the board. This came to the fore in the filing made by the company in the stock exchange on Tuesday.

The board accepted the resignation

Mukesh Ambani Resigns Reliance : Before Akash Ambani, a graduate in economics from Brown University, his father Mukesh Ambani was looking after the company’s chairmanship. The board has also accepted the resignation of Mukesh Ambani from the post of chairman. This appointment is being seen as handing over the leadership to the new generation. Mukesh Ambani will continue to be the chairman of Jio Platforms Limited. The credit for setting up Jio’s 4G ecosystem goes largely to Akash Ambani. In 2020, big tech companies from all over the world had invested in Jio, Akash had also worked hard to bring global investment to India.

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Became MD for 5 years…

Mukesh Ambani Resigns Reliance : In another major change, Reliance Jio Infocomm Limited has appointed Pankaj Pawar as the Managing Director of the company for the next 5 years. Additional Directors Raminder Singh Gujral and K.V. Chaudhary will now look after the work as independent directors. His appointment will also be effective for 5 years. These appointments will be valid only after the approval of the shareholders.

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