01-April-2023

Emp. ID: 30093728

Swesh Mishra
ADANI DIGITAL LABS PRIVATE LIMITED
Gurgaon

Letter of Increment

Dear Swesh Mishra,

Our Group's transformation into India's most admired business house with market leading position in the
nation's critical sectors has resulted from our collective efforts and our world-class leadership. Your part
in this achievement has earned you a performance rating of "Good Performer".

We see immense potential in your skills, approach and attitude and would encourage higher contribution
in days ahead.
Accordingly, with effect from 01-April-2023, your fixed remuneration stands revised to Rs. 3,202,250/-
per annum. Additionally, your revised variable pay component is as mentioned below:

Variable Pay at Top Performer : Rs. 640,450/-

Variable Pay at Strong Performer : Rs. 544,383/-
Variable Pay at Good Performer : Rs. 448,315/-

-- Please attach letter template to variable rule --

Detailed break-up of your compensation statement is available as annexure.

All other terms and conditions of your employment as applicable to your grade will apply as per
prevailing company policy / guidelines.

We look forward to your continued performance and commitment to the overall objectives of the Group.

Yours faithfully,

Rajiv Arora Sapna Kaushik

Joint President- HR Senior Manager - HR

Please note that your salary is confidential and we expect you to treat it as such.
This is a computer generated letter. Therefore, physical signatures are not required.
 01-April-2023
Annexure
Revised Compensation Statement

Employee Code : 30093728

Name : Swesh Mishra
Company Name : ADANI DIGITAL LABS PRIVATE LIMITED

Salary as on Salary as on
Details 31/03/2023 01/04/2023
( INR Per Annum) ( INR Per Annum)
Grade / Designation E2 E2
Basic Salary 1,260,000 1,280,900
HRA 630,000 512,360
Car Expenses 184,992 185,000
Ex-gratia 104,952 106,738
Employer PF 151,200 153,708
Gratuity 50,400 51,236
Other Allowance 768,456 912,308
Total Fixed Remuneration 3,150,000 3,202,250
Current Variable Pay 630,000 640,450
Gross Remuneration (Incrementable CTC) 3,780,000 3,842,700
Total Cost to Company 3,780,000 3,842,700
Grand Total 3,780,000 3,842,700
Variable Pay at "Strong Perfomer" rating 535,500 544,383
Variable Pay at " Good Performer" rating 441,000 448,315

Please note that your salary is confidential and we expect you to treat it as such.
This is a computer generated letter. Therefore, physical signatures are not required.