FirstCry's CEO, Supam Maheshwari, saw a significant decrease in his monthly remuneration, which plummeted by 49% to INR 8.6 Cr during the initial nine months of FY24, compared to INR 16.7 Cr in FY23. The revised Draft Red Herring Prospectus (DRHP) disclosed that Maheshwari's total remuneration for the same period amounted to INR 77.5 Cr. This sharp decline follows his annual remuneration of INR 200.7 Cr in FY23. The figures encompass short-term benefits and share-based payments, excluding certain long-term benefits.