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HCLTech: C Vijaykumar becomes highest-paid Indian CEO, gets this much money in FY 2023-24
According to the company's annual report, Vijaykumar was paid a basic salary of around $1.96 million (Rs 16.39 crore), a performance-line bonus of $1.14 million (Rs 9.53 crore), and a long-term incentive (LTI) cash component of around $2.36 million (Rs 19.74 crore).
HCL Tech CEO C Vijaykumar has become the highest-paid Indian CEO. According to the company's annual report released on July 22, Vijaykumar's remuneration for FY 2024 was around Rs 84.16 crore, an increase of 190.75 percent year-on-year.
According to the company's annual report, Vijaykumar was paid a basic salary of around $1.96 million (Rs 16.39 crore), a performance-line bonus of $1.14 million (Rs 9.53 crore), and a long-term incentive (LTI) cash component of around $2.36 million (Rs 19.74 crore).
In addition, the perquisite value of $4.56 million (Rs 38.15 crore) was paid under the LTI - RSU (restricted stock units) head, and the remaining $0.04 million was paid as benefits, perquisites, and allowances. This totals $10.06 million. According to the report, Vijaykumar's remuneration was 707.46 times the average salary of HCLTech employees.
