National Stock Exchange has proposed a yearly salary of Rs 8 crore for Vikram Limaye, who is set to be installed as the managing director and chief executive of the country’s largest bourse company as shareholders vote on his appointment and remuneration on March 8, at an extraordinary general meeting.
In the financial sector, only Aditya Puri has a higher yearly pay of Rs 9.7 crore, plus stock options, at HDFC Bank. NSE, by contrast, doesn't offer stock options to any of its staffers, not even its chief executive. Called Employee Stock Option Plans, Esops are often valued much more than

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