OFFER LETTER

To, Date: 18 August

2022
Tarun Benjamin Tirkey
Ref id – HRDJSPL/DL138A
Mob : +91 9507367334
Email: [email protected]

Sub: Letter of Appointment

Dear Tarun Benjamin Tirkey,

Congratulations!!!

We are pleased to offer you an appointment in our organization as “Graduate Engineer

Trainee” in Production Department, At Jindal Steel & Power Limited, our production unit at, -
Jindal Steel & Power Limited, Chhendipada Road, SH-63, At\Po : Jindal Nagar, Pin-75911,
Dist : Angul (ODISHA).

Your joining date is 21/07/2022

You will be on training for an initial period of one months and on probation for a period of six
months following successful completion of training. Your transition from trainee to probationer
will be based on your appraisal at the end of the period of training.

You are required to agree to the special terms and conditions as described in Annexure –A.

You will be paid gross emoluments of Rupees 3,80,000 per annum, along with one-time
fooding & accommodation.

Your employment with us will be governed by the Terms & Conditions as detailed in Annexure –
A. Your offer has been made based on information furnished by you. However, if there is a
discrepancy in the copies of documents or certificates given by you as a proof of above, we retain
the right to review our offer of employment.

We congratulate you on your appointment and wish you a long and successful career with us. We
are confident that your contribution will take us further in our journey towards becoming world
leaders. We assure you of our support for your professional development and growth.

Encl.: As above
Annexure – A
The company follows a holding policy for new trainees under which the company will retain 25%
of your CTC (ONLY FOR THE POST OF D.E.T.) for the first four months of your employment with
us. This amount will be held with the company for a period of three months from the date of your
taking up employment and payable to you in full upon completion of the above said period.

If you decide to resign from the company before completion of one year you forfeit the holding
amount and no claim whatsoever will be entertained in this regard.

In the event that you decide to leave the company before a period of one year the following shall
apply as is the case: -
You will be required to give at least one month notice of resignation to the company or pay to the
company one month’s salary in lieu of the notice. You will also forfeit the amount in holding with
the company.

The company will provide you extensive training during the first three months of your
employment with us and expects you to return the investment made on this training in the form
of personal value addition to the company. The training materials provided to you are property
of the company and confidential information. Carrying the materials outside the company or
Corporate Office
Jindal Steel & Power Limited, Jindal Centre, 12, Bhikaiji Cama Place,New Delhi 110 066, India
disclosing them to anyone other than employees of the company is a breach of trust and will

Corporate Office
Jindal Steel & Power Limited, Jindal Centre, 12, Bhikaiji Cama Place,New Delhi 110 066, India
result in immediate forfeiture of the holding amount and termination of employment without
notice.

Spreading rumors, soliciting employees of the company for outside employment or coercing
coworkers to leave the company is strictly prohibited and frowned upon. Such actions will result
in immediate termination of employment without notice and forfeiture of your holding amount.

Annexure – A
Personal Particulars:
You will keep us informed of any change in your residential address, your family status or any
other relevant particulars. You would also let us know the name and address of your legal
heir/nominee.

Nature of Work:
You will work at high standard of initiative, creativeness, efficiency and economy in the
organization. The nature of work and responsibilities will be assigned and explained to you by
your senior from time to time.

Working Hours:
The regular working hours of the company are from to including 30
minutes for lunch break and 15 minutes for tea break.

Assignment, Transfer and Deputation:

Though you have been engaged to a specific position, the company reserves the right to send you
on deputation/transfer/assignment to any of the company’s branch offices in India or abroad,
whether existing at the time of your appointment or to be set up in the future.

Training:
You will hold yourself in readiness for any training at any place whenever required. Such training
would be imparted to you at the company’s expense. Kindly note that refusal to participate in a
training programmed without any extraneous circumstances would lead to automatic
termination of your employment.

Intellectual Property Right:

If during the period of your employment with us you achieve any invention, process
improvement, operational improvement, or other process/method likely to result in more
efficient operation of any of the activities of the company, the company shall be entitled to use,
utilize and exploit such improvement and you shall assign all rights thereof to the company for
the purpose of seeking any patent rights or for any other purpose.

Secrecy/Confidentiality:
You will not during the course of your employment with the company or at any time there after
divulge or disclose to any person whomsoever, make any use whatsoever for your own purpose
or for any other purpose other than that of the company, of any information or knowledge
obtained by you during your employment as to the business or affairs of the company including
development, process reports and reporting system and you will during the course of your
employment hereunder also use your best endeavor to prevent any other person from doing so.

Restrain:
Access to Information:
Information is available on need-to-know basis for specific groups and the network file server of
the company is segregated to allow individual sectors information access for projects and units.
Access to this is authorized through access privileges approved by unit mentors or project
mentors.

Restriction on Personal Use:

Use of company resources for personal use is strictly restricted. This includes usage of computer
resources, information, internet service, and working time of the company for any personal use.

Corporate Office
Jindal Steel & Power Limited, Jindal Centre, 12, Bhikaiji Cama Place,New Delhi 110 066, India
Leave:
You will be entitled to leave as per law in force and as laid down in the Standing Orders of the
company. Three days advance intimation is required to be given for availing leave. In the event of
a sick leave, you will be required to furnish a doctor’s certificate for the period of leave.

The company follows strict time schedule and late comings are discouraged, unless otherwise
notified by you in advance. Late marks will be accorded to you for every late entry with one day
of absence counted for every three late marks.

Security:
Security is an important aspect of our communication and office infrastructure. Communication
security is maintained by controlling physical access to computer system, disabling all working
stations, floppy disk drives and companywide awareness about the need for protection of
intellectual property and sensitive customer information.

Termination of Service:
Either party can terminate this employment by serving a notice of one month on the other, save
and accept that the company may at its option pay salary in lieu of the notice period to terminate
employment with immediate effect.

Unauthorized absence or absence without permission from duty for a continuous period of 7
days would make you lose your lien on employment. In such case your employment shall
automatically come to an end without any notice of termination or notice pay.

Standing Orders:
You will abide by the Standing Orders, rules & regulations and service conditions that may be in
force or application to the organization or are framed from time to time by the company.

Appointment in Good Faith:

It must be specifically understood that this offer is made based on your proficiency on
technical/professional skills you have declared to possess as per your application for
employment and your ability to handle any assignment/job independently.

Corporate Office
Jindal Steel & Power Limited, Jindal Centre, 12, Bhikaiji Cama Place,New Delhi 110 066, India
 Salary Structure,

Compensation Component Amount (Rs.) Amount (Rs)

Per Month Per Annum
Basic 12667 152004
HRA 6333 75996
Special Allowances 4838 58056
PF 1520 18240
Conveyance Allowance 3167 38004
Medical Allowance 2533 30396
Gratuity 609 7308
Deduction -2129 -25548
Take Home Salary 29538 354456
GROSS SALARY 31667 380004

In case at a later date any of your statements/particulars furnished are found to be false or
misleading or your performance is not up to the mark or falls short of the minimum standard
set by the company, the company shall have the right to terminate your services forthwith
without giving any notice notwithstanding any other terms and conditions stipulated therein.

Regards Signed
Yours truly,
Mr. Vivek Gupta (Corporate)
Jindal Steel & Power Ltd. Accepted

(Computerized copy Signature not required)

Corporate Office
Jindal Steel & Power Limited, Jindal Centre, 12, Bhikaiji Cama Place,New Delhi 110 066, India