Apollo Tyres promoters who earned over â¹42cr each take 30% pay cut
Apollo Tyres promoters Onkar Kanwar and his son Neeraj Kanwar, who are Chairman and Vice Chairman respectively, have agreed to take a 30% pay cut for 2018-19. Onkar Kanwar and Neeraj Kanwar drew â¹45 crore and â¹42.75 crore salary, respectively, in 2017-18. Neeraj's remuneration jumped 42.36% last fiscal even as the company's profit fell 34% during the period.nnn