logo
#

Latest news with #LongTermIncentivePlans

Sunil Mittals remuneration up 0.8%, Gopal Vittals 9.1% in FY25
Sunil Mittals remuneration up 0.8%, Gopal Vittals 9.1% in FY25

News18

time18-07-2025

  • Business
  • News18

Sunil Mittals remuneration up 0.8%, Gopal Vittals 9.1% in FY25

New Delhi, Jul 18 (PTI) Bharti Airtel Chairman Sunil Mittal's remuneration rose marginally to Rs 32.5 crore during FY25, while that of Vice Chairman and Managing Director Gopal Vittal was up 9.1 per cent, according to the company's latest annual report. Mittal's remuneration included Rs 21.57 crore in salary and allowances, Rs 7.5 crore of performance linked incentive, Rs 3.48 crore in perquisites, all adding up to the Rs 32.5 crore figure. At Rs 32.5 crore, Mittal's remuneration was 0.88 per cent more than the previous fiscal. Vittal took home Rs 20.24 crore in FY25, almost nine per cent higher than FY24. 'At 100 per cent performance level, the gross remuneration of Sunil Bharti Mittal is Rs 325,586,133 for FY 2024-25 and Rs 322,714,541 for FY 2023-24, and that of Gopal Vittal is Rs 202,468,554 for FY 2024-25 and Rs 185,508,865 for FY 2023-24," it said. During the year, Mittal and Vittal also received Rs 10.4 crore and Rs 10.3 crore, respectively, as performance linked incentive for the previous year 2023-24. 'Sunil Bharti Mittal has received a remuneration of GBP 2.20 million from overseas subsidiary of the company, Network i2i (UK) Ltd," it said. As per the annual report, during the year, Vittal was granted 1,21,877 stock options under the Employee Stock Options Scheme 2005 and Long Term Incentive Plans with a vesting period spread up to three years. 'The vesting of these stock options is linked to 100 per cent performance-based achievements as per the performance parameters stated in the report earlier. The above remuneration of Gopal Vittal does not include perquisite value of Rs 229,541,021 towards the value of stock options exercised during the year," it said. PTI MBI MBI SHW (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments First Published: July 18, 2025, 18:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Bharti Airtel Chairman Sunil Mittal's remuneration up 0.8%, Vice Chairman Gopal Vittal's 9.1% in FY25
Bharti Airtel Chairman Sunil Mittal's remuneration up 0.8%, Vice Chairman Gopal Vittal's 9.1% in FY25

Time of India

time18-07-2025

  • Business
  • Time of India

Bharti Airtel Chairman Sunil Mittal's remuneration up 0.8%, Vice Chairman Gopal Vittal's 9.1% in FY25

Bharti Airtel 's latest annual report shows that Chairman Sunil Bharti Mittal received a total remuneration of Rs 32.5 crore in the financial year 2024-25. This includes Rs 21.57 crore as salary and allowances, Rs 7.5 crore as a performance-linked bonus, and Rs 3.48 crore in perks. His salary increased by 0.88% compared to the previous year. Meanwhile, Vice Chairman and Managing Director Gopal Vittal took home Rs 20.24 crore in FY25, a 9.1% jump from his Rs 18.55 crore salary in FY24. Explore courses from Top Institutes in Select a Course Category Finance MCA Artificial Intelligence Data Analytics Product Management CXO MBA Data Science Project Management Public Policy Technology Others healthcare Leadership Management Design Thinking Healthcare Data Science PGDM Digital Marketing Operations Management others Degree Cybersecurity Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Fintech & Blockchain India Starts on undefined Get Details Skills you'll gain: Duration: 9 Months IIM Calcutta SEPO - IIMC CFO India Starts on undefined Get Details 'At 100% performance level, the gross remuneration of Sunil Bharti Mittal is Rs 32,55,86,133 for FY25 and Rs 32,27,14,541 for FY24. For Gopal Vittal, it is Rs 20,24,68,554 for FY25 and Rs 18,55,08,865 for FY24,' the report said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Simple Morning Habit for a Flatter Belly After 50! Lulutox Undo Incentives for the previous financial year (2023–24) were also paid during this year. Mittal received Rs 10.4 crore and Vittal got Rs 10.3 crore as performance bonuses. The report further added that Sunil Mittal earned GBP 2.20 million from the company's overseas arm, Network i2i (UK) Ltd. Live Events During FY25, Gopal Vittal was granted 1,21,877 stock options under the Employee Stock Options Scheme 2005 and the Long Term Incentive Plans. These options have a vesting period of up to three years and are linked to 100% performance-based achievements. The report also noted that Vittal's declared pay does not include Rs 22.95 crore, which is the value of stock options he exercised during the year. Inputs from PTI

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store