04.04.
2022
Employee Code: 912677
Mr. Onkar Gavali
17, Thobade Vasti,
Juna Degav Naka,
North Solapur,
Solapur - 413001
Dear Onkar,
We have pleasure of offering you appointment in our company, as Associate - CE in Band MS1.
This offer of appointment is subject to you satisfying the following:
a. Your written undertaking to join, not later than 04.04.2022. You have been deputed to work at
Solapur.
b. Submission of all your necessary certificates and documents in respect of educational and
professional qualifications, proof of age and previous employment, as per the requirements of
the Company.
This appointment will commence from the date on which you actually join the Company.
The terms and conditions of employment shall be as under:
1. You will receive emoluments / allowances as per the attached Annexure.
2. Your employment will be on the rolls of “Mahindra Integrated Business Solutions Pvt. Ltd.
3. Gratuity, Provident Fund, and Medical Benefit and family, as per the rules of the Company,
Medical Benefit will be applicable from the date of confirmation in service.
4. The age of retirement will be sixty years. (On the strength of the biodata submitted by you, we
have recorded your date of birth as 20.10.1998)
5. With effect from the date of your employment, you are required to become a member
Provident Fund.
6. You are liable to be placed for service at our discretion at any of the Company's
establishments/departments/divisions anywhere in India as also the Associate Companies and
subsidiary Companies of Mahindra & Mahindra Ltd.
7. You will be on probation for a period of 06 months. This probationary period could be curtailed
or extended at the discretion of the Company. However, completion of 06 months of probation
does not entitle you or result in automatic confirmation of your employment, unless the
Company confirms your employment in writing. During this period, your employment may be
terminated forthwith without notice and without assigning any reasons.
This file is signed using Digital Signature.
8. Upon satisfactory completion of the period of your probation, you will be confirmed in our
service and on confirmation:
a. You will be entitled to Privilege Leave, as per the rules thereof.
b. The Company will be at liberty to terminate your services with 30 days’ notice or by paying
you 30 days salary, including allowances, in lieu of notice. In the event the Company decides
to pay you 30 days salary in lieu of notice, the Company will be at liberty to call upon you not
to take up any alternate employment for the period of 30 days. The Company will also be at
liberty to call upon you not to report for work, though you would be on the rolls of the Company
for the said period, and you would be paid your salary as per your contract, as if you were on
duty. In the event you choose to resign from the services of the Company, you will be required
to serve for the period of notice of 30 days. The Company, however, will be at liberty to call
upon you not to report for work or even take up any alternate employment during this period,
which will be at the sole discretion of the Company. The Company will also be at liberty to pay
you 30 days’ notice wages in lieu of notice. However, it will be impermissible for you to waive
the shortfall in the notice period by buying the said shortfall period in lieu thereof except with
written permission.
c. During the probationary period, the notice period to be served by either party shall be 15
days.
d. Further, you shall not be entitled to adjust your notice period against privilege leave, if any,
standing to you credit.
9. So long as you are in the employment of the Company, you will, at all times, observe secrecy
and confidentiality and will not divulge, disclose or make known to any unauthorized person
within or outside the Company, nor will you unauthorized use any knowledge or information in
respect of manufacturing, technical trade or business data (including manufacturing
processes, technical know-how, customer information, business plans and like matters) which
are necessarily confidential and have come to your knowledge and possession. You will also
not remove any such information in any form whatsoever from the Company premises, nor
copy or transmit the same unauthorized nor will you grant permission to assist, permit entry
to, or in any manner co-operate with any unauthorized person for the purposes of accessing,
obtaining, copying, transmitting or removing the above. Even after the cessation of your
employment with the Company, you will not use, divulge, disclose or remove in any manner
whatsoever confidential information of the type described above of which you were in
possession whilst in service to the detriment of the Company. You will also observe all the
confidentiality measures which are in existence, or which may be enforced from time to time,
as well as directions as to confidentiality marked on any communication, document, computer
floppy etc. You shall indemnify and hold Company harmless and indemnified against any
damage or loss caused to the Company on account of breach of confidentiality on your part.
These confidentiality provisions shall survive the separation of your employment with the
Company, either by way of retirement or termination or otherwise.
10. In addition to your fulfilling the requirements of secrecy and confidentiality, as specified
herein, also during your employment with the Company, you shall not engage in any
vocation, training, employment, consultancy, business, transaction, or any other activity,
which is in conflict with the interests of the Company, in any capacity whatsoever either on
your own or in association with any other individual/firm/institute/body corporate, etc., whether
for any consideration or not.
11. You will devote your full attention exclusively to the duties entrusted to you from time to time
by the Company and while in service of this Company you will not work for any person or
Company in any capacity either for any consideration or otherwise, nor do any private
business without obtaining prior permission of the Company in writing.
This file is signed using Digital Signature.
12. You will assign to the Company your entire right, title and interest in any Intellectual Property
Rights (IPRs for short, which term would include patents, trademarks, copyrights, designs,
whether registered or not, and all improvements thereto) that you may make, solely or jointly
with others, in the course of your employment with the Company relating to any or all
systems, services and products manufactured or marketed or leased or developed. You will
perform all necessary acts and execute such documents in such format as may be required
by the Company, without expense to you, which in the judgment of the Company or its
Attorneys may be necessary or desirable to secure to the Company full right title and interest
in the IPRs.
13. The Company shall at all times have the right to access and monitor all e-mails created, sent /
received or stored by you using Company facility and on Company’s system at any time
without giving you any prior notification. All such data and information shall be the property of
the Company at all times.
14. You shall endeavor to uphold the good image of the Company and shall not by your conduct
adversely affect the reputation of the Company and bring disrepute to the Company, in any
manner whatsoever.
15. You shall, on ceasing to be the employee of the Company, forthwith return all Company
properties, movable and immovable, including, without limitation, all Company information,
files, reports, memoranda, software, credit cards, door and file keys, computer access codes
and such other property which you received or in possession or prepared in connection with
your employment with the Company.
16. Any joining expenses reimbursed by the Company will be recovered in the event you leave
the organization within two year of joining.
17. You will be subject to all rules, regulations and policies of the Company, which may be in
force from time to time.
18. Any joining expenses / relocation expenses / Notice Pay buyout reimbursed or any other
payments made to you while joining by the Company will be recovered in the event you leave
the organization within two year of joining.
Please return the duplicate of this letter, duly signed, in token of your acceptance of the above-
mentioned terms and conditions of the employment, having read the attached Code of Conduct
for Senior Management & Employees and on joining you will abide by its prescriptive principles.
We wish you a long and fruitful career with us.
With Regards,
Yours Sincerely,
For MAHINDRA INTEGRATED BUSINESS SOLUTIONS PRIVATE LIMITED
Signature Not Verified
Signed by : RITEN CHAKRABARTY
Date : 20-Apr-2022 [Link]
Location : Mumbai
Reason :
Riten Chakrabarty
Chief Finance Officer
This file is signed using Digital Signature.
Annexure
Mr. Onkar Gavali
Remuneration Details
MIBS - On Roll
Name of the Employee Onkar Gavali
Grade MS1
Designation Associate - CE
Department Customer Engagement
Component Yearly (in Rs.) Monthly (in Rs.)
Basic 151800 12650
HRA 15180 1265
Bonus 12645 1054
TOTAL GROSS (A) 179625 14969
ER PF 19734 1645
ER ESIC 5832 486
Gratuity 8440
TOTAL ER CONT. (B) 34006 2131
TOTAL CTC (A) + (B) 213631 17803
DEDUCTIONS
PF 1518
PT 200
ESIC 112
TOTAL DEDUCTIONS (C) 1830
NET TAKE HOME (A) - (C) 13139
Employee and his/her immediate family (spouse and two children) if any shall be covered for
Mediclaim of Rs. 1,00,000/- per annum.
This file is signed using Digital Signature.
