ITC Chairman Sanjiv Puri's FY26 pay drops 6.8% to ₹23.91 crore on softer bonus

Sanjiv Puri's total remuneration slipped to ₹23.91 crore from ₹25.66 crore as performance-linked bonuses eased. He still earned 338x ITC's median employee pay. Annual report reaffirms ITC Next push to lead Indian FMCG via fresh foods, sustainable packaging and digital agri.

— Filed Sat, 27 Jun, 2026, 13:20 IST · Source Mint · Updated

ITC chairman Sanjiv Puri's FY26 remuneration fell 6.8% to ₹23.91 crore on lower performance bonuses. Annual report reiterates ITC Next strategy to become India's top FMCG player via fresh food, sustainable packaging, and digital agriculture expansion.

Why this matters

Pay cut lands alongside ITC's FY26 playbook reaffirming FMCG dominance, a 1cr-farmer digital agri push and 250-hotel scale-up by 2031, tying leadership rewards to execution.

Leadership signals steady at 450 in the last 90 days, with executive pay disclosures driving scrutiny.