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This Indian Executive Made 19 cr For Leaves He Didn't Take In 50 Yrs!

Wednesday, January 30, 2019, 12:38 PM

Padma Vibhushan awardee and retired non-executive chairman of L&T Group, Anil Manibhai Naik, received at least Rs.19 crore after encashing his accumulated leaves of over 50 years. The company also revealed Naik got Rs.55.038 crore as gratuity and Rs.1.50 crore as pension that is a part of his retirement benefit. Naik had joined L&T in 1965 as a junior engineer.