Was looking at some of the resolutions passed in recent AGM with regards to upper limit for renumeration revised
Mahesh Chandra Garg & Ramesh Chandra Garg – upper limit of 40 lakhs per month – 4.8 cr per annum + PF, other benefits and gratuity contribution
vs. 1.38 cr renumeration drawn last year
Nitin Garg and Shambhunath Garg – upper limit 25 lakhs per month – 3 cr per annum + PF, other benefits and gratuity contribution
Vs. 1 cr and 10 lakh renumeration drawn last year respectively
Also revision in renumeration of both sons
Manish Garg and Umesh Garg –
upper limit 25 lakhs per month – 3 cr per annum + PF, other expenses and gratuity contribution
So almost 34 CR renumeration at upper limit
How does this compare to other infra companies?
Disc: Was holding earlier.
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