Mukesh Ambani not getting salary for 2nd year Dinamalar

by time news


“For the 2nd year, Mukesh Ambani has not received anything as a salary,” says the annual report published by Reliance Group.

Reliance recently released its annual report. in it
It is stated that:-

In June 2020, Mukesh Ambani decided to waive his salary for the financial year 2020-21.
did Then in the financial year 2021-22 he did not take anything as salary. These two
Over the years, he has not received any funds, perks, pension benefits etc. on behalf of Reliance Industries.

From 2008-09 to 2019-20 financial year, Mukesh Ambani took his salary to Rs.15 crore.
He made a personal example of reducing executive compensation.
Mukesh Ambani Salary, Perks, Miscellaneous Expenses and Commission from 2008-09
Put together Rs. 15 crore received. 24 crore per annum through this
Repaid the above company.

It says so.

An official statement by the company in June 2020 said, “Reliance Industries’
Chairman and Managing Director Mukesh Ambani has reportedly decided to waive his salary amid the economic and industrial growth of the country due to the spread of Covid-19 in India.

However, the wages of his cousins ​​Nihil and Hidal Meswani
It remains unchanged at Rs.24 crore. It includes commission amount of Rs.17.28 crore.
On the other hand, Managing Directors PMS Prasad and Pawan Kumar Kapil
Wages have decreased somewhat. Prasad Rs 11.89 crore in 2021-22 and Rs 11.99 crore in 2020-21
received

Kapil earned Rs 4.22 crore in 2021-22 and Rs 4.24 crore in 2020-21. their
The payments also include ‘performance-linked incentives’ for the financial year 2020-21. It was paid in 2021-22

Apart from Mukesh Ambani, his wife Nida Ambani, who is a director on the company’s board, will get Rs 5 lakh as session fee and Rs 5 lakh as compensation for the year. 2 crores also received. In the previous year, he had received Rs 8 lakh as session fee and Rs 1.65 crore as commission.

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