02/Aug/2023

Calicut

Dear Mr S J Vikram,

Greetings from Malabar Group

This refers to your personal interview and subsequent discussions with the Senior Management of the Group. Based on the same we are
pleased to offer you appointment for the post of Assistant Manager­Sales & Services ­ Sales & Services based at Somajiguda

Please find attached the Cost to the Company (CTC) and Compensation Structure.

A detailed letter of appointment with all terms and conditions will be issued to you upon joining the Company and completing all the joining
formalities. The documents to be bought at the time of joining are shown in the Annexure I.

Kindly give your acceptance of the offer and indicate your date of joining through mail. You are also requested to handover a signed
duplicate copy of this letter and attachment at the time of joining.

For any queries, you may get in touch with Ms Madhuri, Executive ­ Human Resources, RO Andrapradesh in her Cell: +91 79944 35393 or the
undersigned.

We welcome you to the Malabar Family and look forward to having a mutually rewarding and long term Association.

Yours Sincerely,

Vatsavai Deepak Varma

Manager­Human Resources

Malabar Group
Cost to the Company and Compensation Structure:

Name S J Vikram
Designation Assistant Manager­Sales & Services
Department Sales & Services
PayRollCompany MGD Somajiguda
WorkLocation Somajiguda
Pay Element INR Per Month INR Per Annum
Basic Salary 4722.00 56664.00
City Compensatory Allowance 3500.00 42000.00
Dearness Allowance 7731.00 92772.00
House Rent Allowance 4981.00 59772.00
Washing Allowance 2000.00 24000.00
Fuel and Driver Reimbursement 2566.00 30792.00
Hardship Allowance 1250.00 15000.00
Gross Salary 26750.00 321000.00
PF Employee Contribution 1800.00 21600.00
Net Salary 24950.00 299400.00
PF ­ Employer Contribution 1950.00 23400.00
Mediclaim ­ Employer Contribution 294.00 3528.00
Festival Allowance 83.00 1000.00
Food Facility 2000.00 24000.00
Gratuity 599.00 7184.00
Bonus 1037.00 12448.00
Total Cost to the Company 32713.00 392556.00

Note:

In Addition of the above CTC, You will be eligible for,

Life insurance of 5 Lakhs (company will pay the insurance premium)

Gratuity as per eligibility.

Medical Insurance Facility with a coverage of 2.00lakhs per annum (including family, premium tobe borne by employee). Should you have your own
medicalcoverage/policy this is optional.

Tax Deductions will be applicable as per the Income Tax Act.

Yours Sincerely,

Vatsavai Deepak Varma

Manager­Human Resources

Malabar Group

Annexure1

You shall be required to submit the following documents in originals or a copy:

i. Copies of educational qualifications;

ii. Copies of Professional qualifications and registrations;

iii. Copy of PAN;

iv. Copy of Relieving Letter/ Experience certificate from your last employer;

v. Copy of the last pay slip issued by your previous employer prior to cessation of employment;

vi. Copy of Proof of Residential Address:

vii. Two Passport size photos.

viii. Cheque and DD, if applicable.

ix. Four Rs. 100 Stamp paper for execution of agreement, if applicable.

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Annexure1

You shall be required to submit the following documents in originals or a copy:

i. Copies of educational qualifications;

ii. Copies of Professional qualifications and registrations;

iii. Copy of PAN;

iv. Copy of Relieving Letter/ Experience certificate from your last employer;

v. Copy of the last pay slip issued by your previous employer prior to cessation of employment;

vi. Copy of Proof of Residential Address:

vii. Two Passport size photos.

viii. Cheque and DD, if applicable.

ix. Four Rs. 100 Stamp paper for execution of agreement, if applicable.

***