R A Mashelkar

In a bonanza for its independent directors, Reliance Industries has proposed to raise the commission payable to non-executive directors on its board from Rs 21 lakh to Rs 5 crore annually.

Parekh was also the chairman of HUL's audit committee.

In a bonanza for its independent directors, Reliance Industries has proposed to raise the commission payable to non-executive directors on its board from Rs 21 lakh to Rs 5 crore annually.

Parekh was also the chairman of HUL's audit committee.