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L&T’s retired Anil Naik chairman earns over 21 crore for unused leaves

According to L&T’s annual report for 2017-18, Naik earned a whopping Rs 21.33 crore last year for his unused leaves in his career. Anil Naik served worked for L&T for 50 years and all his unused leaves when enchased were worth Rs 21.337 crore. His total payout was over Rs 137 crore which included a basic salary of Rs 2.7 crore. His retirement gratuity benefits and exercise of stock options were worth Rs 100 crore.