NEW DELHI : Reliance Industries chairman Mukesh Ambani, who is Asia's richest and world's ninth richest person, has not got salary hike for the last 12 years.
Since 2008-09, Ambani's annual salary as RIL's chairman and managing director has been capped at ₹15 crore.As revealed in the company annual report, Ambani's ₹15 crore remuneration break-up shows ₹4.36 crore as salary and allowances, perks worth ₹40 lakh, retiral benefits of ₹71 lakh and commission of ₹9.53 crore."The Chairman and Managing Director had his salary capped at ₹15 crore since 2008-09 in order to set a personal example of moderation in managerial compensation levels," RIL said.Ambani's cousins and Reliance Industries' executive directors Nikhil and Hital Meswani, on the.