2 years, 4 months ago
Mukesh Ambani Draws No Salary In 2021-22, 2nd Such Year In A Row
News 18Reliance Industries Ltd CMD Mukesh Ambani did not draw any salary from the company in the last financial year 2021-22, the second such year in a row. Earlier, Ambani has also his salary capped at Rs 15 crore since 2008-09, to set a personal example of moderation in managerial compensation levels. Ambani has kept salary, perquisites, allowances and commission together at Rs 15 crore since 2008-09, forgoing over Rs 24 crore per annum. Ambani’s wife Nita, a non-executive director on the company’s board, earned Rs 5 lakh as a sitting fee and another Rs 2 crore commission for the year.
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History of this topic
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3 years, 6 months ago
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