Introducing son Anmol as a new director on Reliance Capital’s board, Chairman Anil Ambani yesterday said he has brought “tremendous luck” with a 40 per cent surge in share price since his induction and hoped that the ‘Anmol Effect’ will continue.

Thanking the shareholders at company’s AGM for their “vote of confidence” in the 24-year-old’s appointment, Ambani said his son is “part of this younger demography and will relate to future customers, shareholders, employees and other stakeholders”.