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Home -> Finance -> Full Story

RIL Board reposes full faith in Mukesh Ambani
Monday, December 27 2004 16:47 Hrs (IST) - World Time -

Mumbai: Rallying behind chairman Mukesh Ambani, the board of Reliance Industries Ltd today (Dec 27, 2004) reposed full faith in him amid the fight by younger brother Anil, saying the "present organically integrate structure of the company should not be changed".

Spotlight: Battle of Ambanis

The board "reiterated its full faith and confidence in the leadership of the chairman and managing director Mukesh Ambani to continue to lead it in a challenging global environment", the company said in a statement after the board meeting.

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The board at the same time also recorded its "deep appreciation" of the tireless efforts of the entire management team including vice chairman and managing director Anil Ambani", the statement added.

PTI



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