Key Points
India's second richest person Gautam Adani received a total remuneration of Rs 9.26 crore in the fiscal year ended March 31, 2024, lower than most industry peers as well as his own key executives...
Adani, 61, drew salary from only two out of the 10 companies in his ports-to-energy conglomerate, annual reports of the 10 listed entities of the group showed...
His remuneration for 2023-24 from the group's flagship firm Adani Enterprises Ltd (AEL) included Rs 2.19 crore salary and perquisites, allowances and other benefits worth Rs 27 lakh..
While the richest Indian, Mukesh Ambani, has been foregoing his entire salary since Covid-19 broke out prior to which he had capped his remuneration at Rs 15 crore, Adani's remuneration is much lower than telecom czar Sunil Bharti Mittal (Rs 16.7 crore in 2022-23), Rajiv Bajaj (Rs 53.7 crore), Pawan Munjal (Rs 80 crore), L&T Chairman SN Subrahmanyan and Infosys CEO Salil S Parekh...
"We reported an average remuneration increase of 12 per cent for employees, excluding key managerial personnel (KMPs), with a slightly higher increase of 5.37 per cent for KMPs," the AEL annual report said.. SB Khyalia, CEO of Adani Power, got Rs 5.63 crore...
