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Mukesh Ambani draws nil salary for 2nd year in row
The Rs15-cr salary in 2019-20 was the same for previous 11 yrs
image for illustrative purpose
New Delhi: Billionaire Mukesh Ambani for the second year in a row drew no salary from his flagship firm Reliance Industries (RIL) in the last fiscal as he voluntarily gave up remuneration in light of the pandemic hitting the business and economy.
In its latest annual report, Reliance said Ambani's remuneration for the financial year 2020-21 was 'nil'. In June 2020, Mukesh D Ambani, the Chairman and Managing Director of Reliance Industries, voluntarily decided to forego his salary for the year 2020-21, in light of the Covid-19 outbreak in India. He continued to forgo his salary in 2021-22 as well.
