25-Dec-2023

Noor Alam
APL10339
Jr.Supervisor
Delhi.

Dear Noor Alam,

The Management is glad to inform you that based on the overall assessment of your performance, service in the organization
and the recommendations of your departmental head, you have been granted an annual increment of Rs. 2375/- CTC per month
with effect from 01-Sep-2023.

Consequently, your total emoluments are revised as given below:

Components Monthly Annual

Basic 10200 122400
Fixed Dearness Allowance 2550 30600
House Rent Allowance 10200 122400
Conveyance Allowance 2550 30600
Total (A) - Gross 25500 306000
PF Employer Contribution 1800 21600
Gratuity 613 7356
Statutory Bonus 583 6996
Total (B) - Annual 2996 35952
Cost to the company (A+B) 28496 341952

Standards Terms and Conditions:

1. Gratuity will be paid as per The Payment of Gratuity Act 1972.
2. Statutory Bonus will be paid as per The Payment of Bonus Act 1965.
3. In addition to the above compensation, you will also be eligible for:
● Group Term Life Insurance
● Group Personal Accident Insurance

We are confident that you will continue your best for the growth of the organization.
Your performance would next come up for review on 01-Sep-2024.

This is an electronically generated increment letter. Downloading & viewing will be deemed as acceptance of the letter. Any
clarification pertaining to increment has to be brought to the notice of HR within 10 days of publication of the letter.

With best wishes,

For Apollo Pharmacies Limited.

Haneesh Mohan Nambiar

Head-Human Resources