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Offer Letter - Lokeshwaran

Varroc Polymers Pvt. Ltd. has offered Lokeshwaran.P the position of Lead EHS - Plant in Chennai at an annual remuneration of Rs. 3,72,060. The offer letter outlines the terms including a six month probation period, medical fitness requirement, and that a formal appointment letter will be issued after joining. The annexures provide the compensation breakup and list of documents required upon joining.
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50% found this document useful (2 votes)
7K views3 pages

Offer Letter - Lokeshwaran

Varroc Polymers Pvt. Ltd. has offered Lokeshwaran.P the position of Lead EHS - Plant in Chennai at an annual remuneration of Rs. 3,72,060. The offer letter outlines the terms including a six month probation period, medical fitness requirement, and that a formal appointment letter will be issued after joining. The annexures provide the compensation breakup and list of documents required upon joining.
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Varroc Polymers Pvt. Ltd.

Regd. & Corp. Office

L-4, MIDC, Industrial Area Tel + 91 240 6653600 email: varroc.info@varroc.com


Waluj, Aurangabad 431 136 Fax + 91 240 2564540 www.varrocgroup.com
Maharashtra, India CIN : U25209MH1995PTC090037

To,

Lokeshwaran.P
Tamil Nadu

Dear Lokeshwaran,

Sub: EMPLOYMENT OFFER LETTER

Further to our discussion, we are pleased to offer you the position of “Lead EHS - Plant” in Band G on the
following terms and conditions:

1. Your proposed annual remuneration will be Rs. 3,72,060/- (Rupees Three Lakh Seventy Two Thousand
and sixty rupees only). The detailed breakup is attached as Annexure-A.

2. You will be based at VPPL- Chennai.

3. You will be on probation for a period of six months from the date of joining and on satisfactory
completion of your probation period, your services will be confirmed through a letter. In case of
necessity, the management reserves the right to extend your probation period. During probation, it is
at the discretion of the management to terminate your services by giving three months’ notice or basic
salary in lieu there of, on either side.

4. You are requested to join your duties on or before 07th Oct 2021. Unless extended in writing, this offer
for employment shall lapse if you fail to report on duty at the appointed time and place.

5. This Employment Offer is subject to your being found medically fit by a company
appointed/recommended medical officer/practitioner.

6. This offer is being made to you based on the information and documents furnished /submitted by you.
However, if any discrepancy is found in the information and documents or copies of certificates
submitted by you, any time before or after your joining, the company reserves the right to terminate
this offer/employment without any notice.

7. A formal appointment letter with detailed terms and conditions of your employment will be issued to
you after joining your duties.

Kindly sign and return a copy of this letter as a token of your acceptance of the above terms and conditions
within 7 working days through mail/post.

For Varroc Group,

Veepasha Kulkarni
Head BU HR Lokeshwaran.P
Varroc Polymers Pvt. Ltd.
Regd. & Corp. Office

L-4, MIDC, Industrial Area Tel + 91 240 6653600 email: varroc.info@varroc.com


Waluj, Aurangabad 431 136 Fax + 91 240 2564540 www.varrocgroup.com
Maharashtra, India CIN : U25209MH1995PTC090037

ANNEXURE A Date: 14th Sep 2021

Name : Lokeshwaran.P
Band : G
UJR : Lead EHS - Plant
Location : VPPL-Chennai
Date of joining : 07th Oct’21
Per Per
A) Monthly Emoluments
Month(Rs.) Annum(Rs.)
Basic Salary 10,852 1,30,221
House Rent Allowance 5,426 65,111
Uniform Maintenance Allowance 1,085 13,020
Education Allowance 500 6,000
Transport Allowance 1,600 19,200
Medical Reimbursement 1,250 15,000
LTA 1,000 12,000
Miscellaneous Allowance 4,789 57,464
Sub Total A 26,501 3,18,015
B) Bonus 2,032 24,384
Per Per
C) Retirals
Month(Rs.) Annum(Rs.)
Provident Fund 1,800 21,600
Gratuity (As per Act) 522 6,261
Sub Total C 2,322 27,861
Per Per
D) Others
Month(Rs.) Annum(Rs.)
Uniform Cost(Rs. 150 per month) 150 1,800
Total (A+B+C+D) i.e. Annual CTC 31,005 3,72,060

Other facilities under the terms of offer:

1) Mediclaim of Rs. 2 lakhs per annum is provided for Self & Spouse and Children upto 25 yrs of age.

For Varroc Group,

Veepasha Kulkarni
Head BU HR
Varroc Polymers Pvt. Ltd.
Regd. & Corp. Office

L-4, MIDC, Industrial Area Tel + 91 240 6653600 email: varroc.info@varroc.com


Waluj, Aurangabad 431 136 Fax + 91 240 2564540 www.varrocgroup.com
Maharashtra, India CIN : U25209MH1995PTC090037

ANNEXURE- B

Others:

1. Two sets of uniform once a year.


2. As per Income Tax, Medical reimbursement is Tax free when supported by actual
expenditure/vouchers, the same is to be submitted to the respective HR/Finance.
3. As per Income Tax, Leave Travel Allowance is Tax free when supported by actual expenditure/vouchers,
the same is to be submitted to the respective HR/Finance.
4. Every month Sodexho of Rs. 1500 would be issued.
5. Annual Gift Voucher of Rs.5000 would be issued once a year (July-June), incase employee joins in
between, the same would be paid on pro-rata basis.
6. Gratuity is payable as Per Gratuity Act, 1972.
7. In case of Relocation, you would be provided accommodation at Company Guest house/Hotel as per
Company Accommodation Policy for 7 Days.

Documents to be submitted on date of joining (kindly get photocopies of the following):

1. Relieving Letter from last employer


2. Last drawn Salary Certificate
3. Qualification Certificates (Xth, XIIth, Degree, Diploma)
4. Experience Certificates
5. Date of Birth proof & Photo Identification Proof (Indian Government Recognized) – PAN Card, Driving
License, Passport, Election Card)
6. 4 Passport Size Photographs
7. Form no 16 of previous employer, if applicable
8. PF-UAN No- (Universal Account number)

(Please bring all the original documents for verification purpose)

For Varroc Group,

Veepasha Kulkarni
Head BU HR Lokeshwaran.P

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