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Home -> Finance -> Full Story

'Reliance ownership controversy to be resolved soon'
Monday, November 22 2004 18:42 Hrs (IST)

New Delhi: Reliance Group today (Nov 22, 2004) said the ongoing 'ownership' controversy would be resolved soon to the satisfaction of all concerned.

"Controversy (ownership) will be resolved to the satisfaction of shareholders and the country in the next few weeks," Reliance spokesperson told PTI from Mumbai when asked about the ownership issue of the Rs 80,000 crore Ambani empire.

"Mukesh Ambani was made successor by late Dhirubhai Ambani," the spokesperson said when asked whether Dhirubhai Ambani had left any will. "From that moment he is committed to realise Dhirubhai's dream," he said.

The two sisters, Deepti Salgaoncar and Neena Kothari who were believed to have come to Mumbai to attend the family meeting have left.

Earlier, Mukesh Ambani said in a statement he was quoted out of context on the ownership issue and had said that Reliance is a strong professionally managed company.

Mukesh Ambani was quoted by CNBC last week saying, "There are ownership issues but they are in the private domain."

Anil Ambani could not be contacted for his comments on the ongoing controversy.

PTI



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