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Reliance Industries Appoints Tax Veteran Dinesh Kanabar as Independent Director

Written by: Aayushi ChaubeyUpdated onJun 11, 2025, 12:22 PM IST
Reliance Industries strengthens its board with the appointment of Dinesh Kanabar, a leading tax and regulatory expert, for a five-year term.
Reliance Industries Appoints Tax Veteran Dinesh Kanabar as Independent Director
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Reliance Industries share price was trading at ₹1,462.10, up ₹23.60 (1.64%) today as of 12:12 PM IST. The company has announced the appointment of Mr. Dinesh Kanabar as an additional director, designated as an independent director, effective June 12, 2025. This appointment follows the completion of Mr. Raminder Singh Gujral's second term, which concludes today, June 11, 2025. Mr. Kanabar's five-year term is pending approval from RIL shareholders.  

Who is Dinesh Kanabar? 

Dinesh Kanabar is widely recognised as one of India's foremost chartered accountants. With a distinguished career spanning a decade, he has been a key figure in shaping India's tax and regulatory environment. His expertise lies in providing strategic and innovative solutions to both Indian and international businesses, helping them align their business goals with complex tax and regulatory frameworks to create value. 

Dinesh Kanabar Profile  

Mr. Kanabar brings a wealth of experience, currently serving on the boards of other major Indian companies such as Adani Green Energy Ltd and PVR Inox Ltd. Before leading Dhruva Advisors LLP, Mr. Kanabar held prominent positions at other leading consulting firms. He was the Deputy CEO and Chairman of Tax Practice at KPMG India, and earlier, the Chairman of Tax Practice at PwC India. 

Beyond his corporate roles, he has played a significant part in governmental policy initiatives. He was a member of the Rangachary Committee, which advised on tax reforms for the IT/ITES sector and also served on a trade body formed by the Ministry of Commerce and Industry. 

Read more: Veteran Fund Manager Lakshmi Iyer Moves to Bajaj Finserv After Two Decades at Kotak. 

Conclusion 

The addition of Dinesh Kanabar to RIL's board signifies a strategic move to further enhance its expertise in tax and regulatory matters. His vast experience across corporate boards, policy-making bodies, and top advisory firms is expected to bring significant value to Reliance Industries as it navigates India's evolving economic and regulatory landscape. 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing. 

 

 

Published on: Jun 11, 2025, 12:19 PM IST

Aayushi Chaubey

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