IHCL CEO Puneet Chhatwal's pay rises ~9% to ₹25 cr in FY26
Indian Hotels Company (IHCL) MD and CEO Puneet Chhatwal's remuneration climbed nearly 9% to ₹25 crore in FY26 from ₹23 crore in FY25, per the Tata Group firm's annual report. His basic salary cap was revised to ₹30 lakh/month from April 1, 2026, through his tenure ending November 2027. Median pay ratio stood at 521.7.
IHCL MD and CEO Puneet Chhatwal's remuneration rose nearly 9% to ₹25 crore in FY26, per the annual report. His basic salary cap was revised to ₹30 lakh/month effective April 1, 2026, through his tenure ending November 2027.
Why this matters
The pay hike comes as IHCL pursues aggressive expansion, including ₹6,000-7,500 crore capex over five years under Accelerate 2030, anchored by the ₹2,000 crore Taj Bandstand tower in Mumbai.
Leadership signals steady at 591 over the past 90 days.