IHCL CEO Puneet Chhatwal's pay climbs 9% to Rs 25 crore in FY26

Tata-owned Indian Hotels Company raised CEO Puneet Chhatwal's remuneration to Rs 25 crore in FY26, up ~9% from Rs 23 crore in FY25. His basic salary scale is revised to Rs 30 lakh/month from April 2026 through his tenure ending November 2027, with a CEO-to-median pay ratio of 521.7.

— Filed Sun, 5 Jul, 2026, 10:22 IST · Source ET Small Business · Updated

Tata-owned IHCL CEO Puneet Chhatwal's remuneration rose ~9% to Rs 25 crore in FY26, with his basic salary scale revised upward to Rs 30 lakh per month from April 2026 through his tenure until November 2027.

Why this matters

The pay hike comes as IHCL pursues aggressive expansion, including a Rs 6,000-7,500 cr capex plan under Accelerate 2030 anchored by the Rs 2,000 cr Taj Bandstand tower, amid a broader India hotel boom.

Leadership signals steady at 590 in the last 90 days.