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Eicher Motors re-appoints Siddhartha Lal as MD after revising salary
short by Krishna Raj / on Monday, 23 August, 2021
Eicher Motors' board has re-appointed Siddhartha Lal as the Managing Director for five years after revising his remuneration structure. The board has approved a revised remuneration structure for Lal, capped at 1.5% of profit. "Actual remuneration during FY21 was at 1.04% of profits, with the preceding years being at a lower percentage," the firm's Chairman S Sandilya said.
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