Bharti Airtel on Monday said that it has sought shareholders' approval for an annual pay package of up to Rs 70 crore to its Chairman and Managing Director Mr Sunil Mittal in the next five yeas, but any hike would not be given in the current fiscal.

�The Human Resource Committee of the board of directors of Bharti Airtel makes recommendation for certain senior level positions which is then approved by the board every year. The Human Resource Committee on July 29, decided for no increment in the remuneration for Mr Sunil Bharti Mittal for the FY 2011-12,� said a company statement.