Business / Mukesh Ambani distributed business among his three children isha akash and anant

Mukesh Ambani Succession Plan: Mukesh Ambani, the chairman of Reliance Industries (RIL), is seen implementing the plan for the division of his empire. Asia's second richest businessman Mukesh Ambani appeared clear on his success plan in the 45th Annual General Meeting (AGM) held on 29 August 2022. Reliance Industries Chairman Mukesh Ambani has prepared a clear roadmap for divestment of his business. This gives an indication of how the Reliance Group business will be divided between Akash, Anant and Isha Ambani. He also mentioned this in his address at the AGM today and named his daughter Isha Ambani as the head of Reliance Retail.

What did Ambani say?

Speaking on the success plan, Mukesh Ambani said, “Our next generation leaders are confidently taking over the reins of the business. Akash and Isha have managed Jio and Retail, respectively. While Anant is interested in our New Energy business. are showing and they are very active in this business.

Know who is responsible for what?

Mukesh Ambani on Monday made the succession plan of the country's most valuable company clear by announcing that his daughter Isha would be handed over the retail business and younger son Anant the energy business. Ambani has already named his eldest son Akash as the head of the group's telecom arm Reliance Jio. Let us tell you that at the 45th Annual General Meeting (AGM) of Reliance Industries Limited, Ambani announced the assignment of new responsibilities to Isha and Anant. He said Isha will serve as the leader of Reliance Retail while Anant will handle the new energy business. Ambani, however, made it clear that he was not going to retire as of now while deciding the names of the successors. "Proactive leadership will continue to be given as before," he said.

Ambani has these major businesses

Let us tell you that there are mainly three businesses of Reliance Group which are oil refining and petro-chemical, retail business and digital business (including telecommunication). Of these, the retail and digital businesses are under wholly-owned entities Jio Platforms and Reliance Retail Ventures Limited (RRVL). Whereas the oil-to-chemical (O2C) business comes under Reliance. The New Energy business is also part of the parent company. 65-year-old Mukesh Ambani has three children. Isha and Akash are twin siblings while the youngest is Anant. Isha is married to Anand Piramal of Piramal Group.