The elder Ambani had offered his brother a sweet deal on gas supply to seal the family split. With that deal gone now, Anil will ask for a fair share of the fortune from gas
It was the last item on the agenda but certainly not the least complex one. In 2005, in the third floor of their Colaba residence, the Ambani brothers were in the last lap of negotiating the final points of their family contract, splitting amongst themselves assets worth several billions of dollars. But there was one vexed issue that remained unresolved even after three days of hectic parleying: How to divide the spoils from Reliance’s huge gas find in Krishna Godavari basin. It was holding up the settlement and elder brother Mukesh grew impatient. “At the end of months of negotiation, Mukesh just wanted to get over with the deal and signed away a part of the gas find quickly,” says one of his close aides.