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CMD's salary drops 21% to Rs. 15.36 crore

FMCG major Hindustan Unilever's Chairman and Managing Director Sanjiv Mehta's annual gross salary declined 20.9 per cent to Rs 15.36 crore in the pandemic-hit FY21, according to the company's annual report.

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FMCG major Hindustan Unilevers Chairman and Managing Director Sanjiv Mehta
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8 Jun 2021 4:31 PM GMT

New Delhi: FMCG major Hindustan Unilever's Chairman and Managing Director Sanjiv Mehta's annual gross salary declined 20.9 per cent to Rs 15.36 crore in the pandemic-hit FY21, according to the company's annual report.

Mehta's remuneration included Rs 11.19 crore as salary and allowances, a bonus of Rs 2.02 crore, perquisites of Rs 1.69 crore and Rs 0.44 crore as contribution to his provident fund, as per the report.

In FY20, Mehta's total income was Rs 19.42 crore, which included a salary of Rs 12.46 crore, along with a bonus of Rs 3.31 crore, perquisites of Rs 3.20 crore and Rs 0.45 crore as contribution to PF, superannuation and consultancy fees.

Sanjiv Mehta CMD Hindustan Unilever's Chairman 
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