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The Options

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The Options
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  • Mukesh kicks out Anil from RIL board, takes control of the entire empire. Anil's just left being a professional manager who runs the operations of Reliance Energy.
  • RIL goes to Mukesh; in lieu, he offers Anil financial commitments for the latter's ambitious power projects in Reliance Energy; mother and two sisters remain uninvolved.
  • The two brothers split the family stake held in RIL through investment companies; Mukesh retains a majority, with Anil as a minority partner. Anil remains on RIL board.
  • A patch-up with Mukesh restoring Anil's powers on the RIL board. The family stake in RIL is split equally between the two brothers with the mother and two sisters opting out.
  • RIL remains with both Mukesh and Anil, with the former having an upper hand; it allows Anil to ensure cash flow from RIL for his projects under Reliance Energy.
  • RIL split into two separate companies—one owning the petrochemicals business and the other the upstream refining one; RIL stake in Reliance Energy transferred to company owned by Anil.

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