Anant Ambani the youngest Ambani joins in as a board member on RIL’s 2 new solar companies

Earlier in February Anant Ambani was appointed on the board of Reliance O2C in which Saudi Aramco is an investor

As per the current reports Anant Ambani has now been appointed as as the director of Reliance New Energy Solar and Reliance New Solar Energy, this entities were set two weeks ago as a part of Reliance Industries Ltd with clean energy push.

Group Chairman Mukesh Ambani announced the company’s change into clean energy business with a planned investment of Rs 75,000 crore over the next three years while addressing RIL’s 44th Annual General Meeting on June 24.

In February this year, the younger son of  Ambani’s was appointed on the board of Reliance O2C in which Saudi Aramco is an investor. Anant also serves as a board of director in Jio Platforms, on which his siblings Isha and Akash are also members.

During the AGM, the group chairman said he looks to rapidly transition RIL into a new era of green, clean and renewable energy by venturing into new energy and new materials business and presented his company’s vision to become net-zero carbon by 2035. He also mentioned that the company will invest Rs 75,000 crore in the next three years in the new energy business.

Ambani during the AGM said that, “We will transform our legacy business into sustainable, circular and net-zero carbon materials business.”

All the seven companies have three different directors each. Shanker Natrajan is common director in all these entities.

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