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"REL board is meeting tomorrow...It will discuss the resignations," a company spokesman said.
Amid the tussle between the two brothers Mukesh and Anil Ambani over the ownership issues in Reliance Industries, Anil, chairman and managing director of REL, on Sunday requested the six directors, who had resigned last week, to continue on the REL Board.
The Reliance 'ownership issue'
Six of the 12 directors of REL, including vice-chairman Satish Seth and nominees of Reliance Industries, had resigned from the Board of REL, a move that took the top RIL brass by surprise.
"Regarding the resignations that I have received, the board of Reliance Energy will consider these at an appropriate time and we will keep stock exchanges, our investors and the media informed," Anil Ambani later told reporters. He, however, declined to comment on any other issues, including developments in the Ambani family.
Meanwhile, company officials said the directors, who had announced their resignations on November 25, were working but did not elaborate whether they had agreed to take back their resignations."This is going to be discussed at the board meeting," they said.
These directors believed to be close to Anil Ambani, are Satish Seth, executive vice chairman, S C Gupta, J P Chalasani, K H Mankad, Prof. J Ramachandran, an independent director, and Amitabh Jhunjhunwala.
Reliance Industries has 50.2 per cent stake in Reliance Energy. Last Wednesday, RIL chairman Mukesh had persuaded M L Bhakta to reconsider his resignation from the Reliance Industries board, which the founder-member of the company had announced on November 23 in the face of the fight between the two brothers.