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Infosys CEO Salil Parekh gets 22% salary hike, payout now stands at ₹80.62 crore — Check details

Infosys CEO Salil Parekh gets 22% salary hike, payout now stands at ₹80.62 crore — Check details

Mint2 days ago

India's second-largest IT company, Infosys' Chief Executive Officer (CEO), Salil Parekh, received a 22 per cent salary hike, and his yearly payout now stands at ₹ 80.62 crore for the financial year 2025-26, according to an exchange filing.
According to Infosys' annual report for the financial year ended 2024-25, Parekh's revised salary for the 2025-26 fiscal year is at ₹ 80,62,36,456 or more than ₹ 80.62 crore. The data also showed that Infosys granted 3,82,071 or over 3.8 lakh restricted stock units (RSUs) to Salil Parekh along with his monetary compensation.
Infosys shares closed 0.55 per cent lower at ₹ 1,554.20 after Monday's trading session, compared to ₹ 1,562.80 at the previous stock market close. The IT firm released its annual report after the stock market operating hours on 2 June 2025.
Salil Parekh's salary breakdown data shows that the executive receives ₹ 7.45 crore as a base salary, ₹ 49 lakh in retirement benefits, making the total fixed salary ₹ 7.94 crore. On top of this, Parekh will also receive a bonus incentive, also known as the variable pay of ₹ 23.18 crore, along with ₹ 49.50 crore from the perquisites on account of the stock options exercised.
Parekh joined Infosys on 2 January 2018 and has completed a little over seven years in the Indian IT major. The 60-year-old executive has completed a total of 37 years working in corporations all his life.
Before joining Infosys as the CEO and Managing Director, Parekh was working with Capgemini as a Director General. Salil Parekh has spent more than 25 years in a global IT services company, according to his LinkedIn profile.
Earlier in his life, in 1992, Parekh was a Partner at Ernst & Young (EY) for nearly eight years. On the educational front, the executive has a Bachelor's in Technology in Aeronautical Engineering from IIT Bombay, and later in 1986, he finished his Master's in Computer Science and Mechanical Engineering from the US-based Cornell University.
According to Mint's earlier report, Infosys on 17 April 2025 disclosed that the company has granted more than ₹ 50 crore in Employee Stock Ownership Plan (ESOP) to CEO Salil Parekh.
Infosys allotted ₹ 51.75 crore worth of stock options to Salil Parekh in multiple tranches.

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