Mahindra MD Goenka’s Salary Grew 65% in 2017-18
Mahindra Group managing
director Mr. Pawan Goenka’s remuneration rose by 65.2% to ₹12.2 crore last fiscal,
according to the company’s Annual Report for 2017-18.
His remuneration, which
included perquisite value of ESOPs exercised, was more than group executive
chairman Mr. Anand Mahindra, who took home ₹8.03 crore.
In terms of increase also, Mr. Mahindra's remuneration grew by a modest 4.7% .
Excluding perquisite value of
ESOPs exercised, Mr. Goenka's salary stood at Rs 8.7 crore, although still slightly
more than Mr. Mahindra, who earned ₹8.03 crore.
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