Mukesh Ambani did not take any salary for the 5th consecutive year, Reliance’s annual report revealed
• In 2020, the salary was left voluntarily due to Corona
• 15 crore salary was taken for 12 consecutive years before Corona
Mukesh Ambani Salary News: Mukesh Ambani, one of the world’s richest persons, has not taken any salary from the company for the 5th consecutive year. Ambani has not taken any salary since the financial year 2020-21. Indeed, Mukesh Ambani voluntarily decided to leave his entire salary including all kinds of allowances, retirement benefits and any commission due to the difficult conditions arising after Corona Epidemic.
Between FY 2008-09 to 2019-20 before Korona, Mukesh Ambani limited his annual remuneration to Rs 15 crore. The reason was to set personal examples for the industry and the company at the managerial level. Let us tell you that the Kovid-19 epidemic in India had a very bad effect on the social, economic and industrial situation of the country.Also Read: Reliance will invest Rs 50,000 crore in Assam in next 5 years: Mukesh Ambani
This was revealed in Reliance’s annual report. According to Reliance’s annual report, the company’s executive director Nikhil Meswani gets a total of Rs 25 crore annually and other items, while the salary of his younger brother Hital Meswani is also Rs 25 crore. Other Executive Director of Reliance P.M.S. Prasad got about 20 crores. They are found in salary and other items.
Business extends from oil to telecom and retail sector: The business of Reliance Industries extends from oil to telecom and retail area. Ambani (68) limited its annual remuneration to Rs 15 crore from FY 2008-09 to 2019-20. He chose the decision to quit his salary from FY 2020-21 after the Kovid-19 epidemic until the company and all its businesses completely return to their income capacity.Also Read: Investing in Jio was the biggest risk of my life: Mukesh Ambani
No amount was received as salary, allowances and retirement benefits: According to the latest annual report of the company, in 2024-25, he did not receive any amount in the form of salary, allowances and retirement benefits. Dividend income is the source of income for the 18th richest person in the world with a total assets of about 100 billion US $. He has a direct 1.61 crore shares in Reliance. They get a dividend income of Rs 8.85 crore on a dividend basis by Rs 5.50 per share declared by the company for FY 2024-25.Also Read: India will become the global hub of entertainment on the basis of content, population and technology: Mukesh Ambani
Among the promoter group companies who have control of Ambani, they have 664.5 crore shares or 50.07 percent shares, which give dividend income of Rs 3,655 crore. Ambani’s cousins Nikhil and Hital Meswani’s remuneration was Rs 25.31 crore and Rs 25.42 crore respectively in 2023-24, which was reduced to Rs 25 crore in 2024-25. Executive Director P.M.S. Prasad’s remuneration increased to Rs 19.96 crore in 2024-25, which was Rs 17.93 crore last year.
3 children of Ambani- Isha, Akash and Anant Those who were appointed to the board at zero salary in October 2023, each of them received Rs 6 lakh as ‘seating fees’ and Rs 2.27 lakh as commission. Among the children of Ambani, Anant, the youngest, has been appointed as Executive Director in Reliance Board and from the current financial year he will get salary between Rs 10 to 20 crore.
Edited by: Ravindra Gupta
