New Delhi: The country’s richest man Mukesh Ambani’s annual salary from his main company Reliance Industries was also Rs 15 crore in FY 2019-20. His salary is at the same level for the last 12 consecutive years. Mukesh Ambani, Chairman and MD of Reliance Industries (RIL) has decided not to take salary this financial year in view of Covid-19.
Mukesh Ambani has retained his remuneration at Rs 15 crore annually since 2008-09, including salary, allowance and commission all together. He has left more than Rs 24 crore annually so far, while the remuneration of all the full-time directors of the company increased well during the last financial year.
RIL has stated in its annual report for 2019-20 that Covid-19 has had a huge social and economic impact on the country. In view of this, Mukesh Ambani has decided to leave his salary. Ambani decided to leave his salary at the end of April, when it was decided to cut the salary of most of the employees of the company by 10-50 per cent.
