Wednesday, November 6, 2024

Mukesh Ambani Nil Salary: Mukesh Ambani did not take salary for two consecutive years, know how much is the salary?

Mukesh Ambani Nil Salary: Not only the country but the world’s big businessman Mukesh Ambani has set a great example. Mukesh Ambani did not take any salary from his flagship company Reliance Industries for the second consecutive year after the Corona epidemic. Due to how the coronavirus pandemic was affecting the corporate world and the economy, Ambani had voluntarily given up his compensation. A report has revealed this information.

Mukesh Ambani did not take a salary

RIL in its latest annual report said Ambani’s remuneration for the financial year 2020-21 was ‘nil’. Reliance Industries Chairman and Managing Director Mukesh Ambani in June 2020 voluntarily decided to forgo his salary for 2020-21. He took this decision due to the coronavirus epidemic, which had a bad effect on the economic and industrial health of the country. Mukesh Ambani did not get any compensation. When this report was released, Mukesh Ambani led by example.

Read More: RBI Repo Rate Hike: Moratorium of just a few hours, then your loan EMI is going to increase so much.

Mukesh Ambani set an example

It is important to note that Mukesh Ambani did not receive his income prior to this, not even in 2021–2022. In other words, Mukesh Ambani has not received pay overall for the past two years. In each of these years, he did not receive any compensation from Reliance for his roles as Chairman and Managing Director in the form of allowances, perquisites, retirement benefits, commissions, or stock options. As a personal example, he had already limited the Chairman and Managing Director’s compensation to Rs 15 crore starting in 2008–09. The remuneration of his cousins ​​Nikhil and Hetal Meswani remained unchanged at Rs 24 crore, but this time included a commission of Rs 17.28 crore. There was a marginal decline in the remuneration of executive directors PMS Prasad and Pawan Kumar Kapil.

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