Petronet to pay 1% of profit as commission to its directors for 5 years

•Petronet LNG Ltd seeks shareholders' approval to continue paying directors a 1% commission on annual profits for 5 years from FY 2026-27 to 2030-31.

•The commission, capped at 1% of profits, was last approved in 2021 and has been paid since 2007, with directors receiving Rs 26.5 lakh each in FY 2026.

•The company's CEO, Akshay Kumar Singh, received a commission of Rs 26.5 lakh in FY 2026, taking his total remuneration to Rs 3.64 crore.