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Fifth year in a row, RIL Chairman Mukesh Ambani draws zero salary; sets benchmark for corporate world

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Fifth year in a row, RIL Chairman Mukesh Ambani draws zero salary; sets benchmark for corporate world

Ambani Again Forgoes Entire Salary: A Remarkable Fifth Year

Reliance Industries Limited (RIL) Chairman and Managing Director, Mukesh Ambani, has once again opted to forgo his entire remuneration for the year. This marks the fifth consecutive year of this unprecedented decision.

This voluntary relinquishment covers his salary, allowances, perquisites, retirement benefits, and commissions. The move underscores a unique approach to corporate leadership.

The decision, announced on August 7, 2025, highlights Ambani’s commitment to shareholder value and long-term growth of RIL, rather than personal enrichment.

This continued gesture sets a powerful example in India’s corporate landscape, prompting discussions on executive compensation and corporate social responsibility. The impact of such decisions on employee morale and broader societal perception of corporate leadership warrants further analysis. It will be interesting to observe if this trend influences other industry leaders.

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Karanveer Sharma

A dedicated journalist and legal expert with a passion for uncovering the truth and advocating for justice. With hands-on experience in investigative journalism, legal research, and case analysis, I possess a strong ability to break down complex legal and societal issues into clear, impactful narratives. My work is driven by a commitment to transparency, integrity, and empowering people with accurate, insightful information.

https://karansharma.tech

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