Bharti salaries

Posted on | August 30, 2005 |

According to the statement of particulars filed under Section 217(2A) of the Companies Act, 1956, Bharti Tele-Ventures has 11 crorepati employees with annual remuneration of over Rs 1 crore each.

The Promoter and Chairman & MD tops the remuneration chart with an annual pay packet of Rs 6.58 crore. Joint Managing Director Akhil Gupta and Rajan Mittal and corporate director Jai Menon, took home over Rs 2 crore last year.

The company had 98 employees under the managerial cadre drawing a yearly gross remuneration of over Rs 24 lakh as on March 31, 2005.

It is readying an ESOP scheme under which 93.67 lakh options will be issued to its eligible employees. The current valuation of these options is close to Rs 300 crore.

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