In FY23, Hero Moto had paid Rs 99.55 crore as remuneration to Pawan Munjal, which was 18.02 percent higher than previous year. After a 20 percent cut, it will be around Rs 80 crore.
Pawan Munjal is the Chairman and Chief executive officer (CEO) of Hero MotoCorp. Pawan Munjal and family have "real time net worth" of $3.2 billion, according to Forbes.