RNRL AGM Part 3

9th RNRL AGM Meeting being held July 2009 (speech by Anil Ambani)

Reliance Anil Dhirubhai Ambani Group (R-Adag) chairman Anil Ambani addressed the annual general meeting of Reliance Natural Resources Limited (RNRL) in Mumbai today. RNRL is currently engaged in a bitter court battle with elder brother Mukesh Ambani's Reliance Industries Limited over the use of gas from the Krishna-Godavari basin. Following is the chairman's speech

A warm welcome to each one of you to the 9th Annual General Meeting of our company. It has been a little over three years since we first came together to write a new chapter in our company's growth and evolution. In this time, our shareowner family has grown to over 26 lakh members, adding over 6 lakh new members since the demerger in 2005. We are now the second largest shareholder family in the country, after our group company Reliance Power, which has a shareholder base of 37 lakh members, by far the largest in India