Nita Ambani resigns from Reliance board; Ambani siblings proposed directors
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Reliance Industries Ltd. (RIL) has announced a significant change in its board, with Nita Ambani stepping down. Isha Ambani, Akash Ambani, and Anant Ambani will be appointed as directors. Their appointment will take effect after approval from the shareholders. Nita reportedly resigned from Reliance's board to focus on her role as the chairperson of Reliance Foundation, where she will guide and enable the foundation to make a greater impact in India.