New Delhi: Reliance Industries chairman Mukesh Ambani drew no salary from his flagship firm RIL in the fiscal year ended March 31. In light of the Covid-19 pandemic hitting the business and the economy, he had voluntarily given up remuneration. In its latest annual report, Reliance said Ambani’s remuneration for the financial year 2020-21 was “nil.”
“In light of the COVID-19 outbreak in India, which has exacted a huge toll on the societal, economic and industrial health of the nation, Mukesh D. Ambani, the Chairman and Managing Director, has voluntarily decided to forego his salary,” the company had said in June last year.
