- Reliance seeks approval from shareholders to extend Mukesh Ambani’s tenure as head until April 2029, despite reaching the mandated 70-year retirement age.
- Ambani has not drawn any salary or profit-based commission for three consecutive years from FY21 due to the COVID-19 pandemic.
- The Board of Directors recommends that no salary or profit-based commission be paid to him for his projected term from April 2024 until April 2029.