Hital Meswani: The country’s largest company, Reliance Industries, released its annual report on Wednesday. The company’s market cap has reached $19.92 trillion. At the same time, according to the Forbes report, the net worth of India’s richest person, Mukesh Ambani, is around $113.5 billion, i.e. Rs 9,52,805 crore. The company has informed its annual report that Chairman Mukesh Ambani has not taken any salary for the fourth consecutive year. But do you know which of its employees at Reliance Industries pays the highest salary? The name of this person is Hital Meswani.
Who is Hital Meswani?
Hital Meswani is a director at Reliance Industries. According to the data released by Reliance Industries, Hital Meswani has received a salary of Rs 25.42 crore in the financial year 2023-24. Apart from salary, it includes allowances, perquisites, retirement benefits, and commissions. Let us tell you that Hital Meswani has been associated with Reliance Industries since 1990. Hital Meswani’s brother, Nikhil Meswani, also holds an essential position in the company. His name is also included in the list of the highest-paid employees at Reliance Industries.
Had An Important Contribution to the Success Of Reliance
Let us tell you that the Meswani family has a very old relationship with Mukesh Ambani. Rasiklal Meswani, the father of the Meswani brothers, was the son of the elder sister of Reliance founder Dhirubhai Ambani.
In such a situation, the Meswani family also has a family relationship with the Ambani family. The Meswani family has played an important role in the success of Reliance Industries. In 1995, Hital Meswani joined the board of Reliance. He is associated with many Reliance ventures like Reliance Petroleum, Reliance Commercial Dealers etc. He has played an important role in establishing and making Reliance’s Jamnagar Refinery successful.
According to the statement on Reliance Industries’ website, Hital Meswani received a Bachelor of Science degree in Economics from Wharton Business School, a B.Tech degree in Chemical Engineering from the School of Engineering and Applied Sciences, and a graduate of Management and Technology from the University of Pennsylvania, USA. Last financial year, the company paid him an annual salary of Rs 24 crore.
Mukesh Ambani Does Not Take Salary
Since the coronavirus pandemic, Mukesh Ambani, Asia’s richest person, has not received a single rupee salary for four consecutive years. This year, he announced that he would not take on a salary. In June 2020, Mukesh Ambani voluntarily left his entire remuneration, including salary, allowances, perquisites, retirement benefits, and any commission from Reliance Industries during the Corona period.
