Wednesday, 19 July 2017



Chitra Ramkrishna, who has been replaced by Vikram Limaye as chief of NSE, had drawn about Rs. 23 crore as total remuneration for the last eight months of her tenure, as per the exchange's annual report.

 The renumeration for the April-November period of last financial year that she served at NSE was 3-fold more than Rs. 7.87 crore she had earned in the entire 2015-16. 

 Ramkrishna, who was with the NSE since its inception in 1992, had quit as the Managing Director and CEO of the country's premier bourse on December 2 last year. The National Stock Exchange (NSE), which is preparing for the nearly Rs. 10,000 crore initial public offer, had paid her remuneration of Rs. 22.98 crore. 

 Limaye, who joined NSE from today, would get a pay package of Rs. 8 crore, sources said. "The Board placed on record her (Ramkrishna) sterling contribution to the growth of the Organisation over the long years that she had been associated with it," NSE said. 

 Ramkrishna was among the few women leaders at the helm of leading stock exchanges around the world. She was part of the leadership team that helped set up the NSE in the early 90s and was only the third person to head the bourse in its entire history of about two decades.
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