Mukesh Ambani's Family Time At Reliance Annual General Meeting

Updated: August 12, 2019 17:36 IST

Reliance Industries Ltd is set to sell a 20 per cent stake in its oil to chemicals business to Saudi Aramco in one of the largest foreign investments in the country.

Mukesh Ambani\'s Family Time At Reliance Annual General Meeting
Reliance Industries chairman Mukesh Ambani along with his wife Nita Ambani at the company's 42nd Annual General Meeting in Mumbai.
Mukesh Ambani\'s Family Time At Reliance Annual General Meeting
Mukesh Ambani was accompanied by his mother Kokilaben Ambani at the company's annual general meeting. "(This is) the biggest foreign investment in the history of Reliance. It is also amongst the largest foreign investments ever in India," Mukesh Ambani said about the deal with Saudi Aramco.
Mukesh Ambani\'s Family Time At Reliance Annual General Meeting
Mukesh Ambani's son Akash Ambani and his wife Shloka Ambani attended the event. Addressing the Reliance Industries Ltd shareholders, Mukesh Ambani said, "We are the only diversified multi-sector Indian enterprise with three major growth engines in one single corporate entity - Oils to Chemicals division, Jio and Retail."
Mukesh Ambani\'s Family Time At Reliance Annual General Meeting
Anant Ambani, Mukesh Ambani's youngest son was also present at the AGM organised in Mumbai.
Mukesh Ambani\'s Family Time At Reliance Annual General Meeting
Isha Ambani, Nita and Mukesh Ambani's daughter, who is also the Director of Reliance Jio Infocomm Ltd said, Jio and GSMA will work towards empowering more women with increased access to life-enhancing digital services. "The growth of mobile and internet technologies over the past decade has been rapid and remarkable," Isha Ambani said.
Mukesh Ambani\'s Family Time At Reliance Annual General Meeting
Saudi Aramco, the world's biggest oil producer, has been in talks with Mukesh Ambani's Reliance on the stake sale as it plans to secure new markets for its crude.

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