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Zerodha founders Kamath brothers’ salary nears ₹200 crore in FY23, take-home at ₹72 crore each: Report

Founders of stockbroking platform Zerodha – brothers Nithin and Nikhil Kamath collectively withdrew ₹195.4 crore as compensation in fiscal 2022-23 (FY23). According to a report by Entracker.com, the Zerodha co-founders and whole-time directors took home ₹72 crore each as their annual remuneration during FY23. In FY22, Zerodha’s board passed a resolution approving a remuneration of…

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‘If Kamath gives 1 cr…..’ netizens debate as Zerodha brothers’ salary nears ₹200 crore in FY23

The Kamath brothers, Nithin and Nikhil, founders of the stockbroking website Zerodha, who took ₹195.4 crore in pay in the fiscal year 2022–2023 (FY23) have taken social media by storm. A report by Entracker.com showed that Zerodha co-founders and the two brothers took home about ₹72 crore each as their annual remuneration during FY23. Many…

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