Mumbai June 28 (IANS) Reliance Industries Chairman and Managing Director Mukesh Ambani has kept his own salary unchanged at Rs 15 crore said the company s annual report for 2016-17.
This is the ninth consecutive year since Ambani s compensation package has been set at Rs 15 crore.
The Chairman and Managing Director s compensation has been set at Rs 15 crore as against Rs 38.75 crore as approved reflecting his desire to continue to set a personal example for moderation in managerial compensation levels said the company s annual report.
Ambani s compensation includes salary and perquisites allowances retiral benefits commission (payable) and performance linked incentive (payable).
--IANS
rv/ag/vt
Mukesh Ambani keeps salary unchanged at Rs 15 crore