Mukesh Ambani keeps his salary unchanged for 9th consecutive year

Mumbai: 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.

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"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).