Godrej Consumer's Adi Godrej, top management take pay cuts
All key management personnel of Godrej Consumer Products took pay cuts in 2016-17 after taking hikes of 35%-72% in the previous fiscal year. Whole-time directors Adi Godrej and Nisaba Godrej took pay cuts of 26% and 15%, respectively, while managing director Vivek Gambhir took an 18% cut. In 2015-16, Gambhir had seen his gross salary rise 72% to â¹19.62 crore.