IHCL CEO Puneet Chhatwal's pay rises ~9% to ₹25 cr in FY26
Indian Hotels Company (IHCL) MD and CEO Puneet Chhatwal's remuneration climbed nearly 9% to ₹25 crore in FY26 from ₹23 crore in FY25, per the Tata Group firm's annual report. His basic salary cap was revised to ₹30 lakh/month from April 1, 2026, through his tenure ending November 2027. Median pay ratio stood at 521.7.
What happened
Indian Hotels Company (IHCL) · IHCL MD and CEO Puneet Chhatwal's remuneration rose nearly 9% to ₹25 crore in FY26, per the annual report. His basic salary cap
Key facts
- ₹25 cr FY26 remuneration
- ~9% rise
- ₹23 cr FY25
- 521.7 median ratio
- ₹30 lakh/month new basic salary cap
Why this matters
The defined salary cap and fixed tenure horizon to 2027 flag a succession-planning window that partners and acquirers should factor into medium-term engagement timing.
What to watch
- AGM proxy-advisor recommendations on remuneration resolution
- FY27 quarterly RevPAR and occupancy trends validating growth thesis
- Any succession-planning announcement or board extension
- ESG-fund flags on median pay ratio disparity
- Comparable exec-pay disclosures from listed hospitality peers
- IHCL to reiterate FY27 room-addition and new-brand pipeline targets to justify leadership premium
- Board to signal succession or extension intent ahead of Nov 2027 tenure end
- IR to preempt pay-ratio commentary with employee-welfare and wage-growth disclosures
- Peers (Oberoi, Marriott India, ITC Hotels) benchmark exec comp against Tata Group norms