Outcome of Board Meeting - Remuneration to Managing Director & Whole-Time Director
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The Board of Directors of TeleCanor Global Ltd, at its meeting on January 22, 2026, approved the remuneration for its Managing Director and Whole-Time Director, subject to shareholder approval. Mr. Marutiram Praturi, Managing Director, will receive up to Rs. 15 lakh per month effective January 1, 2026, along with a three-month advance salary and a 5% bonus on sales. Ms. Pilli Swetha, Whole-Time Director, will receive up to Rs. 1.5 lakh per month from the same effective date. The remuneration was recommended by the Nomination and Remuneration Committee. The board meeting lasted about 30 minutes.
This is a routine governance item that formalises pay for the existing top leadership. For shareholders, the main action needed is voting on the remuneration proposal at the upcoming general meeting, and they may want to weigh in on the 5% sales-linked bonus for the MD.