Rs 10–20 Crore Salary, Profit, Commission: Anant Ambani's Entitlements As Reliance Executive Director
Mumbai: Anant Ambani, the youngest son of billionaire, Mukesh Ambani, is to receive an annual salary of Rs 10 to 20 crore, after being elevated to the role of executive director at the company for a period of five years with effect from May 1, 2025, as per a shareholder notice filed with the stock exchanges.
As per the filing, the annual salary, perquisites and allowances shall be in the range of Rs 10 crore to Rs 20 crore per annum. The perquisites and allowances include accommodation or house rent allowance in lieu thereof; house maintenance allowance together with reimbursement of expenses or allowances for utilization of gas, electricity, water, furnishings and repairs and leaving travel concessions for self and family, including dependents.
Read Also: See What Reliance Employees Received As Gift For Anant Ambani’s Wedding
Anant, India’s richest man’s son, will also be entitled to receive remuneration based on net profits, apart from the salary, perquisites and allowances. His remuneration, based on net profits, will be determined by the Human Resources, Nomination and Remuneration Committee. The committee will also decide the annual increments of Anant.
Besides, Anant will also receive reimbursement for expenses incurred for traveling, boarding and lodging, including for his spouse and attendant(s) during business trips and provision of car(s) for use on company’s business and communication expenses at residence. He will also be entitled to medical reimbursement as well as company-arranged security for him and his family members.
Read Also: Here’s What Shah Rukh Khan Gifted Anant Ambani-Radhika Merchant
Anant received a remuneration of Rs 2.31 crore towards commission based on profits and sitting fees as non-executive director in the financial year 2024-25. After completing his Bachelor’s degree from Brown University, Anant is leading the expansion of the energy and materials businesses of Reliance and its global operations in renewable and green energy. The company attempts to become a Net Carbon Zero company by 2035 under his command.
Since 2015, Anant has been part of the Reliance Group, and has gained exposure to key facets of the O2C business, including crude sourcing, refinery and downstream unit operations and supply and trading of products. He is actively engaged in the day-to-day operations of the O2C business, including planning, execution, and monitoring of its ongoing projects.
