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Zerodha's Kamath brothers, Seema Patil to get up to Rs 100 cr salary each

Company plans ESOP buyback at $2-bn valuation

Nithin Kamath, Nikhil Kamath, Seema Patil
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Nithin, Nikhil and Seema will get a basic salary of Rs 4.17 crore per month each, along with allowances, which add up to Rs 300 crore a year

Neha Alawadhi New Delhi
Nithin and Nikhil Kamath, the brothers who founded what is now India's largest stock brokerage firm Zerodha, and Seema Patil, Nithin’s wife who has been promoted to whole-time director, can take home a salary of up to Rs 100 crore each, according to a special resolution passed by the company’s board.

The company will also run a buyback this year, similar to what it did the previous year, but at double the valuation -- at $2 billion. "Everyone holds ESOPs & continuously get new options, too. We ran a buyback last year at $1-billion valuation & we will this year do

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