RIL in its latest annual report said that 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 forego his salary for 2020-21.
Mukesh Ambani Nil Salary: Not only the country, but the billionaire businessman Mukesh Ambani, one of the world’s leading businessmen, 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. Ambani had voluntarily given up his remuneration due to the coronavirus pandemic affecting business and the economy. This information has come out in a report.
Mukesh Ambani did not take salary
RIL in its latest annual report said that 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 forego his salary for 2020-21. He took this decision due to the corona virus epidemic, which had a bad effect on the economic and industrial health of the country. Mukesh Ambani did not take a single penny as salary. After the arrival of this report, Mukesh Ambani has set an example.
Mukesh Ambani set an example
Significantly, before this, Mukesh Ambani did not take his salary even in 2021-22. That is, overall Mukesh Ambani has not taken salary for two years. He did not avail of any allowances, perquisites, retirement benefits, commissions or stock options from Reliance for his role as Chairman and Managing Director in both these years. Earlier, setting a personal example, he had capped the salary of the Chairman and Managing Director to Rs 15 crore from 2008-09. The remuneration of his cousins Nikhil and Heital Meswani remained unchanged at Rs 24 crore, but this time included a commission of Rs 17.28 crore. There was a slight decline in the remuneration of Executive Directors PMS Prasad and Pawan Kumar Kapil.