Wipro Chairman Rishad Premji takes 50% compensation cut this year
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Rishad Premji, the executive chairman of Wipro Limited, will receive a compensation of $951,353 for the financial year ending March 2023, almost 50% less than what he received in the last fiscal year. The information was disclosed in Form 20-F, which the company filed with the United States (US) Securities and Exchange Commission. According to reports, Premji received a remuneration of $1,819,022 last year.