BharatPe disclosed! Ashneer used to pay ****** crore rupees to Grover, you will also be surprised to know that Suhail Sameer is ahead of him
highlights
These remunerations do not include share-based payments to individuals i.e. earnings from shares.
As per the data, the company had incurred Rs 70 crore of share-based payment expense in FY2022.
In the financial year 2021-22, Bharat Pay has suffered a huge loss of Rs 5,610.7 crore.
New Delhi. Former co-founder of Bharat Pe (Bharatpe) and former judge of Shark Tank India, Ashneer Grover has been in discussion for the last few days. In the midst of the ongoing dispute between Ashneer Grover and Bharat Pay, Bharat Pay has made a big disclosure about the huge salary of Ashneer and his wife Madhuri Jain Grover in a regulatory filing. In which it is clearly told that how much money both have received as salary from the company. The fintech company paid a salary of Rs 1.69 crore to Ashneer Grover in FY22, while his wife Madhuri Jain Grover took a salary of Rs 63 lakh.
Its information has been given to the regulatory filing on behalf of the company. According to which the company has returned Rs 1 crore 69 lakh to Ashneer Grover and Rs 63 lakh to his wife Madhuri Jain as salary.
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Ongoing dispute between Ashneer Grover and Bharat Pay
At present, Ashneer is fighting a legal battle in the case of misappropriation of company funds to the tune of Rs 88.6 crore. Earlier last year, Ashneer and his wife Madhuri were ousted from the fintech unicorn over financial allegations.
Payment made to Suhail and Rajneesh
According to the financial statement filed with the Registrar of Companies, its former CEO Suhail Sameer took Rs 2.1 crore in the year 2022. Please tell that in the beginning of this month, Sameer had resigned from the post of CEO. Chairman and former State Bank of India (SBI) chief Rajnish Kumar got Rs 21.4 lakh, while board member Shashwat Nakrani was paid Rs 29.8 lakh. And only Handa, a member of the board, got a salary of Rs 36 lakh.
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However, these remunerations do not include share-based payments to individuals ie share earnings. As per the data, the company incurred Rs 70 crore of share-based payment expense in FY12, which was 218 per cent higher than the previous financial year.
Bharat Pay incurs huge loss of Rs 5,610 crore
First of all, information about the salary of the top level officials of BharatPe has been given by Money Control. Meanwhile, in the financial year 2021-22, Bharat Pay has suffered a huge loss of Rs 5,610.7 crore. In the year 2022, the company had reported a net loss of Rs 1,619.2 crore.
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FIRST PUBLISHED : January 28, 2023, 17:31 IST
