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Suman Deb

Suman Deb is offered a position as Project Manager at Nexmec Automation with a CTC of Rs. 8,50,000 per annum, including fixed pay, retirals, performance-linked incentives, and a joining bonus. The initial posting will be in Nehru Place, Delhi, with potential transfers to other locations. The offer is contingent upon acceptance within ten days and joining by July 3, 2026.

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0% found this document useful (0 votes)
1 views3 pages

Suman Deb

Suman Deb is offered a position as Project Manager at Nexmec Automation with a CTC of Rs. 8,50,000 per annum, including fixed pay, retirals, performance-linked incentives, and a joining bonus. The initial posting will be in Nehru Place, Delhi, with potential transfers to other locations. The offer is contingent upon acceptance within ten days and joining by July 3, 2026.

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jtstrade
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Ref: HR/APR/22/B3/60190636/60325583/1001184100 Date: 15 Junu, 2026

Rajputana Tower, Tech Park


[Link] Deb
Nehru Place South Extensions
S/O Santosh Chandra Deb,
South Delhi - 110019
128 Madhya Para Gandhigram,
Near 5 B.I Gandhigram Purba Gandhigram
Bengaluru,
West Tripura Tripura - 799012 Karnataka 560042
Dear Suman Deb

This is with reference to your application and subsequent interview you had with us.

We are pleased to offer you employment as Project Manager Nexmec Automation Gr - B3 grade
our business on the following terms and conditions:

1. PLACE OF POSTING:

Your initial posting will be at Nehru Place (Delhi)

How ever, during employment with the Company, you may be posted at any other location in India or
abroad, without any additional remuneration. Further your services may be transferred to any other
Nexmec Automation Company.
This offer is subject to your joining us on or before 3 July 2026.

2. COMPENSATION:

Your compensation on a Cost to Company


Company(CTC)
(CTC)basis willwill
basis be be
Rs. 8,50,000/- (Rupees Eight Lac
Fifty Thousend per Annually and will be payable as under. Please refer to Annexure 1A for detailed.

i. Fixed Pay: Rs. 7,53,000/- (Rupees Seven Lac Fifty Three Thousand Only) per Annually.

This includes Basic Pay and Choice Pay that consists of other allowances, benefits, perquisites etc. as
per the compensation policy of the company.

ii. Retirals: Rs. 1,04,652/- (Rupees One Lac(s) Four Thousand Six Hundred Fifty Two Only) per
Annually.

This includes:
- Provident Fund @ 12% of PF Wages (i.e. Basic Pay + Personnel Special Allowance, wherever paid)
and may be capped at applicable Statutory Wage Limit or actual PF Wages depending on company
policy.
- Gratuity @4.81% of Basic Pay and paid as per provisions of The Payment of Gratuity Act 1972.

iii. Performance Linked Incentive (PLI): Your target PLI will be Rs. 1,81,800/- (Rupees One Lac(s)
Eighty One Thousand Eight HundredHundredOnly)
Only)Annually
per annum,CTCthe payment of which will depend on the
performance level of the individual, the concerned business, and the overall organization subject to the
PLI policy which will be decided by the company from time to [Link] is payable subject to the
employee being on the rolls of the company and not serving notice period on the date the amount is
disbursed, notwithstanding any delay on the announcement of such disbursement. PLI is a
discretionary plan and does not result in a guarantee or entitlement of payment to any individual. As
such, Nexmec
Excederm Automation
AI reserves
reserves
the right
theto right
vary,to
amend,
vary, amend,
terminate
terminate
or withdraw
or withdraw
the PLI the
planPLI
at Nexmec
or withdraw
Ltd the PLI plan
(including at any time during the on-going performance year) and without prior notice. Further, Rajptana
may withhold payment of PLI from any employee who has or may have committed any illegal,
fraudulent or unethical act, or who has or may have violated any company policy or procedure including
The Nexmec Automation Code of Conduct, all within the sole discretionary interpretation of .

iv. Joining Bonus: Additionally, you will be paid Joining


JoiningBonus
BonusofofRs. 20,000/- (Rupees Twenty Thousand(s)
Only). In case, you are leaving the organization within one year of joining, the joining bonus amount will
be recovered from you as per the prevailing rules and guidelines.

v. Notice Buyout: Notice buyout is applicable to this offer on account of your early joining, in lieu of
compensating notice period recovery in your current organisation, subject to submission of full & final
statement signed and stamped on the letter head of the organization from your current organisation.

3. GENERAL:

You may choose components of your CTC as per your requirement, being referred as Choice Pay. In
the year of joining and leaving the Company, the CTC will be pro-rated based on the number of days
you are in the employment of the Company.

The available CTC components along with limits have been detailed in Annexure 1B.

The components within each category of payment are discretionary and the Company has the right to
change these components at any time without notice. Your compensation and all other payments
received by you would be subject to the prevailing tax rules and regulations.

The Annexure 1A and the detailed "Terms & Conditions of Employment" in Annexure 2 together sets
forth the terms and conditions under which the Company would employ you and become effective from
the date you join the Company. Your acceptance of the offer of employment would be on the basis of
these terms and conditions of employment.

You are requested to sign and return to the Company a copy of this letter containing Annexure 1A and
"Terms & Conditions of Employment" in Annexure 2, as confirmation of your acceptance.

This offer and appointment letter shall automatically stand withdrawn in case we do not receive your
acknowledgement and acceptance within ten days from issue of this letter.

We wish you a long and successful association with us.

Sincerely yours,

For Nexmec Automation

Jitin Chetna
Hr Manager

________________________________________________________________________________

ACKNOWLEDGEMENT & ACCEPTANCE

I have read and understood all terms and conditions relating to my appointment/ employment and declare
that I hereby unconditionally and irrevocably accept the same.
I shall report for duty on _____________________

SIGNATURE: __________________________ DATE: _____________________________

Company Policy Notice


Note: T he above amounts are the maximum permissible limits. On joining, you may change the same to suit your needs.
In case of employees that are entitled to Bonus under the Payment of Bonus Act 1965.

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