IHCL CEO Puneet Chhatwal's pay climbs 9% to Rs 25 crore in FY26
Tata-owned Indian Hotels Company raised CEO Puneet Chhatwal's remuneration to Rs 25 crore in FY26, up ~9% from Rs 23 crore in FY25. His basic salary scale is revised to Rs 30 lakh/month from April 2026 through his tenure ending November 2027, with a CEO-to-median pay ratio of 521.7.
What happened
Indian Hotels Company (IHCL) · Tata-owned IHCL CEO Puneet Chhatwal's remuneration rose ~9% to Rs 25 crore in FY26, with his basic salary scale revised upward to
Key facts
- Rs 25 crore FY26 remuneration
- 9% increase
- Rs 23 crore FY25
- 521.7 median ratio
- salary scale raised to Rs 30 lakh/month
Why this matters
Chhatwal's defined tenure to late 2027 offers a clear window for succession planning and any partnership or M&A initiatives requiring top-level continuity.
What to watch
- AGM shareholder vote percentage on CEO remuneration resolution
- IHCL stock reaction and analyst notes citing governance
- Frontline/median employee wage revision announcements to narrow ratio optics
- Succession planning disclosures given tenure ends Nov 2027
- Track IHCL FY26 earnings for RevPAR, occupancy and new-room-signing metrics that validate the raise
- Monitor proxy advisory firm (IiAS, SES) reports ahead of AGM resolution on remuneration
- Watch Tata Group compensation norms for cross-company alignment signals