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RIL AGM: Mukesh Ambani seconds irked shareholder's view

At the AGM, one shareholder told another: 'stick to asking relevant questions'.

, ET Bureau|
Aug 13, 2019, 05.07 PM IST
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The family theme played out strong at this year's RIL AGM.​
The family theme played out strong at this year's RIL AGM.
The Reliance Industries Annual General Meeting is a family affair, not just for the promoter family but also the extended RIL shareholder family. At this AGM too, the family theme played out strong.

After chairman Mukesh Ambani delivered his approximate 90 minute-long speech, there was a brief interlude during which the curtains went down. When the curtains went up again, it was time for the shareholders to take the mic this time.

Along with the usual requests for bonus and dividends to be declared, the shareholders lauded the family. Nita Ambani (Mukesh Ambani’s wife) was praised for being her husband's and RIL’s lucky charm. Bouquets of flowers were presented to the Ambani heirs. Akash was referred to as “prince”, Isha as “princess”, and good wishes for their respective marital lives showered. Daughter-in-law Shloka (Akash’s wife) was also praised for being the harbinger of much good fortune to the family and business. Songs were sung in praise of all family members.

Then, some shareholders overshot the 3-minute per speaker time limit, and strayed from relevant questions. It was enough to irk another shareholder (wearing a blue shirt) in the audience. At this point, he stood up and raised the point that shareholders stick to asking relevant questions, and keep the personal aspects out. As the auditorium fell silent, the chairman echoed, ‘Yes, please stick to asking relevant questions.’

RIL AGM: Shloka, Radhika Debut; Isha Twins With Granny Kokilaben In Florals

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First Family Of Business

12 Aug, 2019
The Ambani clan, led by Reliance Industries chairman Mukesh Ambani, was present in full force at the company's 42nd Annual General Meeting held at Birla Matoshri in Mumbai. The oil-to-telecom conglomerate's AGMs have always been a family affair where India's richest man is accompanied by mother Kokilaben, wife Nita, and children Isha, Akash and Anant Ambani.This year's meeting saw the addition of two new faces, with the Ambani daughter-in-law Shloka Mehta, and Anant's girlfriend Radhika Merchant also in attendance. The oil, retail and data czar's speech, that lasted for nearly 90 minutes, included several announcements for the future of Reliance.In Pic (clockwise from left): Mukesh and Nita Ambani, Akash and Isha, Shloka and Radhika, and Anant with Kokilaben Ambani.
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