The remuneration of Nikhil Gupta (MD) and other key positions like CFO are a bit baffling. I can still ignore Shikhar Agarwal’s compensation as he holds 2,00,000 shares of the company as a part of Promoter’s shareholding. Nikhil Gupta on the other hand has no stock options or commission by way of % of company’s profit. He is a CA and has 35+ years of experience. In that context, I am unable to understand his compensation of Rs. 6 lakhs+, which is less than company’s CFO’s compensation of Rs 8+ lakhs which in isolation itself is an odd salary to comprehend.
What am I missing here? Can someone please explain?
