Wipro’s chairman Rishad Premji and promoter (founder chairman) Azim Premji
received a compensation of $0.68 million and $0.13 million in FY20, as both voluntarily decided not to take profit-linked commissions in the fiscal.
“In view of the current situation caused by Covid-19, uncertainty in business is likely to last for the next few months. To show solidarity with the team in facing the challenge Azim H Premji, Founder Chairman, has foregone the profit linked commission payable to him for the relevant period for financial year 2019-2020,” Wipro
said in the filing.
Similarly, chairman of the firm Rishad A Premji has foregone his profit linked commission during this period apart from the variable pay.
Wipro’s chief financial officer, Jatin Dalal drew home $0.59 million during this period.