Lagatar24 Desk
New Delhi, June 28: After Mukesh Ambani resigned as a director of the firm on June 27, Reliance Jio announced on Tuesday that its board has authorised the nomination of Akash Ambani as chairman of the board.
Mukesh Ambani will continue to serve as the Chairman of Jio Platforms Ltd, the parent business of all Reliance Jio digital services brands.
Akash has also been chosen to serve as Reliance Jio’s non-executive director.
At its meeting today, the board also gave its approval to Pankaj Mohan Pawar’s nomination as Reliance Jio’s managing director for a term of five years beginning on June 27, 2022.
Raminder Singh Gujral and K.V. Chowdary have been approved by Jio’s board to serve as the company’s additional directors, the company said in a statement. Beginning on June 27, 2022, they have been appointed as independent directors for a duration of 5 (five) years.
“In accordance with the circular dated June 20, 2018, issued by the Stock Exchanges, we hereby confirm that Raminder Singh Gujral and KV Chowdary are not debarred from holding the office of Director by virtue of any Securities and Exchange Board of India order or any other such authority,” the company said.