<p align="justify">Sunil Bharti Mittal, Chairman of India's largest telecom operator Bharti Airtel, took home an annual pay package of Rs 30.1 crore for 2016-17.<br /><br />The package was over 8 per cent higher than the previous year, when Mittal had drawn Rs 27.8 crore.<br /><br />Mittal, who was last year re-appointed as Chairman of the company for another five years, received salary and allowances of Rs 20.13 crore, while the performance-linked incentive stood at Rs 9 crore during FY17.<br /><br />That alongwith Rs 1 crore worth of perquisites, took his overall remuneration to Rs 30.14 crore for the year just ended, as per the latest annual report of the telecom company.<br /><br />Bharti Airtel Managing Director and CEO (India and South Asia) Gopal Vittal earned Rs 9.28 crore during FY17, which is almost 50 per cent higher than the previous fiscal.<br /><br />During the year, he received salary and allowances worth Rs 6.46 crore, Rs 2.82 crore as performance-linked incentive and Rs 28,800 in perquisites.<br /><br />Vittal was also granted 1.5 lakh stock options on August 8, 2016 under ESOP Scheme 2005, with vesting period spread over 3 years.<br /><br />Besides, the annual report said Vittal's remuneration does not include perquisite value of Rs 3.1 crore towards the value of Stock Options exercised during the year.<br />Vittal had drawn Rs 6.21 crore in the previous year.<br /><br />Meanwhile, Bharti Airtel last week informed the stock exchange that its shareholders will meet on July 24 to consider, among other proposals, re-appointment of Vittal as the Managing Director of the company for a further period of five years with effect from February 1, 2018. </p>
<p align="justify">Sunil Bharti Mittal, Chairman of India's largest telecom operator Bharti Airtel, took home an annual pay package of Rs 30.1 crore for 2016-17.<br /><br />The package was over 8 per cent higher than the previous year, when Mittal had drawn Rs 27.8 crore.<br /><br />Mittal, who was last year re-appointed as Chairman of the company for another five years, received salary and allowances of Rs 20.13 crore, while the performance-linked incentive stood at Rs 9 crore during FY17.<br /><br />That alongwith Rs 1 crore worth of perquisites, took his overall remuneration to Rs 30.14 crore for the year just ended, as per the latest annual report of the telecom company.<br /><br />Bharti Airtel Managing Director and CEO (India and South Asia) Gopal Vittal earned Rs 9.28 crore during FY17, which is almost 50 per cent higher than the previous fiscal.<br /><br />During the year, he received salary and allowances worth Rs 6.46 crore, Rs 2.82 crore as performance-linked incentive and Rs 28,800 in perquisites.<br /><br />Vittal was also granted 1.5 lakh stock options on August 8, 2016 under ESOP Scheme 2005, with vesting period spread over 3 years.<br /><br />Besides, the annual report said Vittal's remuneration does not include perquisite value of Rs 3.1 crore towards the value of Stock Options exercised during the year.<br />Vittal had drawn Rs 6.21 crore in the previous year.<br /><br />Meanwhile, Bharti Airtel last week informed the stock exchange that its shareholders will meet on July 24 to consider, among other proposals, re-appointment of Vittal as the Managing Director of the company for a further period of five years with effect from February 1, 2018. </p>