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The Economic Times

Economy / The Economic Times

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Petronet to pay directors up to 1% of profit as commission

Petronet LNG Ltd has proposed to seek shareholders' approval for paying commissions to directors from FY27 to FY31. This proposal is for a maximum of 1% of annual profits according to the Companies Act, 2013. The company reported a net profit in FY26, with commissioner payments remaining below statutory limits. Akshay Kumar Singh, the CEO, received a commission of Rs 26.5 lakh each in FY26.

27 Sep 2026 12:03 pm