17th Oct, 2022
Pooja Rani,
Vasant House, Ground Floor, 19th Road,
Khar West, Mumbai, Maharashtra 400052, India,
Subject: Letter of Appointment as Portfolio Manager,
Dear Pooja Rani,
With reference to your interview and subsequent discussions you had with us, the management
is hereby pleased to appoint you as Portfolio Manager in our organization w.e.f. 17th Oct, 2022
on the following terms & conditions:
Designation:
You will be designated as Portfolio Manager.
Place of Posting:
You will be posted in our office at Mumbai. However, at any time during the period of
appointment, you will be liable to transfer in such other capacity that the company may
determine to any other Department/ Branch/ Establishment or any other Company under the
same management without adversely affecting your emoluments and general condition of
service.
Remuneration:
You will be entitled to 1,40,520/- (One lakh Fourty Thousand Five Hundred Twenty Only)
remuneration per month, subject to the express condition of fulfillment of service conditions.
Probation:
You will be on probation for a period of One year from the date of joining service. Based on your
performance and conduct, this period may be increased or decreased at sole discretion of the
management and unless an order in writing is given to you, you shall be not be deemed to have
been confirmed.
Separation:
During probation or extended period(s) thereof, your service are liable to terminated without
assigning any reason or payment in lieu thereof. Subsequent to confirmation, either side can
terminate this contract by giving a notice of One Month or payment of One month basic salary in
lieu thereof.
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Retirement:
You shall retire from the services of the company on attaining the age of 58 years on the basis of
the age submitted by you, subject to tour being medically and mentally fit.
Other Rules & Organization:
You are expected to discharge the duties assigned to you from time to time with due diligence,
integrity and responsibility to the entire satisfaction of the management and also maintain high
standard of work expected of you by the company.
Your appointment in the company is full time and you shall devote yourself exclusively to the
business of the company. You will not engage yourself in any other gain full employment or
business (part -time or full - time) as long as you are employed in the company. Any action
contrary to this shall render your services liable for termination without any notice or payment in
lieu thereof.
You are required to deal with the Company's money, materials and documents with utmost
honesty. If at any time you are found of moral turpitude or of any dishonesty in dealing with the
Company's money, materials and documents, you shall render yourself liable for termination
without any notice or payment in lieu thereof.
In case at any particular point of time you are found medically unfit during your services, the
Company will be liable for termination without any notice or payment in lieu thereof.
We welcome you again to our family and trust your association with us would be a long and
meaningful one.
Yours Sincerely
AAKASH DEVENDRA GUPTA
DIRECTOR
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