Reliance Industries shareholders have voted to reappoint Yasir Othman H Al-Rumayyan, Chairman of Saudi Aramco and head of Saudi Arabia’s Public Investment Fund, as an independent director for five years. Despite 16.02% voting against his reappointment, 83.97% supported it. Additionally, Haigreve Khaitan was appointed as an independent director, with 87.15% in favor and nearly 13% against. P M S Prasad was reappointed as a director, securing 93.69% approval. Prasad, overseeing Reliance’s exploration, production, refining, and marketing, will receive a salary ranging from Rs 10 crore to Rs 15 crore annually, plus allowances and perquisites.
Reliance Industries Shareholders Approve Reappointment of Saudi Aramco Chairman as Director
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