Mukesh Ambani draws no salary for sixth year in a row: RIL Annual Report

1 hour ago 1
ARTICLE AD BOX
Mukesh Ambani

Mukesh Ambani | Photo Credit: Debasish Bhaduri

For six years successful a row, Reliance Industries Ltd (RIL) Chairman and Managing Director Mukesh Ambani has drawn zero salary, adjacent arsenic the company posted grounds profits, arsenic per the company’s yearly study which was released connected Thursday (May 28, 2026).

He took nary salary, nary allowances, nary perquisites, nary retiral benefits, nary committee and nary banal options for six years running. 

His cousins and enforcement directors, Nikhil Meswani and Hiral Meswani, took location ₹25 crore each. Executive manager P.M.S. Prasad earned ₹20.58 crore, portion Mr. Mukesh Ambani’s younger son, Anant Ambani, who is an enforcement director, drew a full of ₹12.17 crore successful FY26.

Mr. Mukesh Ambani’s different 2 children, Isha Ambani and Akash Ambani, are non-executive directors, and they are believed to beryllium drafting their salaries from Reliance Retail and Jio respectively. 

Mr. Mukesh Ambani’s voluntary foregoing of remuneration began successful June 2020, erstwhile helium decided to springiness up his full wage successful airy of the COVID-19 pandemic’s devastating interaction connected the nation’s social, economical and concern health. 

Even earlier COVID, Mr. Ambani had voluntarily capped his full remuneration astatine ₹15 crore since FY09 — a headdress helium maintained for 12 consecutive years careless of the maturation successful revenues and profitability of the institution during that period. 

In FY26, RIL reported a consolidated nett net of ₹95,754 crore — the highest ever — and a marketplace capitalisation of ₹18,19,103 crore ($191.8 billion).

Published - May 28, 2026 04:21 p.m. IST

Read Entire Article