New Delhi, July 23 -- Two proxy advisory firms have recommended that shareholders vote against the appointment of Anant Ambani, Hital Meswani and Dinesh Kanbar to the board of Reliance Industries Ltd, India's most valuable company.

Institutional Investor Advisory Services India Ltd (IiAS) and Stakeholder Empowerment Services (SES) have issued recommendations against the resolutions, citing issues around compensation and, in one case, a conflict of interest.

Ambani, 30, the youngest son of Reliance chairperson Mukesh Ambani, has less than a decade of experience in the relevant work, the proxy advisor said in a note, which recommended against his appointment as a whole-time director on the company's board. He was appointed as a non-execut...