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This famous company’s chairman will be getting 32 crore as leave encashment

AM Naik, Larsen and Toubro’s executive chairman will be getting Rs 32.21 crore as leave encashment. It is reportedly a part of Rs 38.04 crore retirement benefits Naik who has been serving L&T for over 52 years, has headed the engineering and construction giant for over 17 years, according to media reports. The company, in its annual report, has also mentioned that he will also be taking up his role as non-executive chairman upon his retirement.

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