Tussle at Reliance Group AGM

The AGM of Anil Ambani’s Reliance Group saw some tussle when the chairman pointed out to shareholder S Mehta and alleged that he was “solely responsible for the one-year delay of merger between SSTL and Rcom”.

Ambani said although all shareholders were to be respected, Mehta who may have shares of the group firms in single digits filed petitions in Bombay HC on various charges, including that he was not allowed much time to speak for more than 2-3 minutes at the AGMs.