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P R Ramasubrahmaneya Rajha
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The highest paid CEOs in India

February 17, 2009

P R Ramasubrahmaneya Rajha

Rank: No 3

Company: Madras Cements Limited

Designation: Chairman and managing director

Compensation: Rs 32.40 crore (Rs 324 million)

Madras Cements market cap: Rs 774.10 crore (Rs 7.74 billion)

About: Rajha took over Madras Cements and the Ramco Group in 1962 from his ailing father and company founder, P A C Ramasamy Raja. Under Rajha's stewardship, the group has established a national presence and seen its turnover multiply ten-fold. Its five factories registered gross sales of Rs 2,254 crores (Rs 22.54 billion) while its gross fixed assets are worth Rs 2,714 crores (Rs 27.14 billion).

Madras Cements is the sixth largest producer of cement in India. It is also one of the largest wind energy producers in the country.

Image: P R Ramasubrahmaneya Rajha

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