"FY23 remuneration of Anil Rai Gupta is ~1.8% of net profit (last 4 years average ~1.8%) which is well within the limit of 5% as prescribed in Section 197 of the Companies Act, 2013," the company said in a regulatory filing.
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The management has also promised to give a 7 per cent increment in the housing allowance over the same period
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As of Friday, the shares of Campus Activewear were trading at Rs 321.75, reflecting a 0.55 per cent increase
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On the development, Senthil Chengalvarayan, Executive Director, NDTV said, "As the NDTV Group embarks on the next phase of growth, it is our talented team that will be leading the way.
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In his career spanning 2.5 decades, he has worked for reputed organisations across diverse sectors.
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Shallinder Singh started his career in SJVN in the first batch of Executive Trainees in 1992.
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Whether the government will be able to able to strike a fine balance and manage stakeholder expectations, only time will tell.
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The company said that the ESOPs will help to align the interests of its employees with those of the company and motivate them to work towards its long-term goals.
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