Balaji Pharmatech
CIN: U74999MH2019PTC325869
(A UNIT OF ASCENT WELLNESS AND PHARMA SOLUTIONS PRIVATE LIMITED)
Address: D. No. – 24-1/29, Rayanapadu Road, Nallakunta, Gollapudi, Vijaywada Rural,
NTR District, Andhra Pradesh – 521 225
Email Id: legal@ahwspl.com Contact No.: 022 6864 5200
Date: 09-May-2023
Mandala Venkata Sai Kiran
S/O Srinivasa Rao
1-36 Near Ramalayam Temple
Kanchikacherla, Krishna, AP 521180
Sub: Offer of Employment
Dear Mandala,
We refer to your recent discussions with us and are pleased to offer you the position of Executive -
Business Development in the Business Development Department at our Vijayawada location in Balaji
Pharmatech.
You will be entitled to compensation and benefits as detailed in the Annexure to this letter.
1. You will be on probation initially for a period of 3 months.
2. As indicated, you will join us on or before 10-May-2023 A detailed appointment letter will be
issued to you after joining having the details of your terms of employment.
3. You are requested to bring along with you following documents on the day of your joining.
a. Two recent passport size photographs.
b. Copy of educational certificates – SSC/HSC/Graduation/ Diplomas etc.
c. Relieving letter/ acceptance to resignation from the previous employer.
d. Experience letter from all the previous employers.
e. Proof of previous salary earnings (last 3 month’s payslips, recent appraisal letter if any and
offer letter copy of previous employer).
f. Form 16 for the current and previous financial year.
g. Proof of current and permanent residence.
h. Copy of Aadhar card and PAN card.
i. Bank details for Salary Credit (Cancelled cheque/Bank Statement copy)
In case you fail to join by the date specified, the offer will be lapsed automatically and you will not have
any lien on the employment.
Further, this offer of employment is subject to the company obtaining satisfactory responses to reference
checks provided by you. You will be liable to conform to the Company’s policies and procedures, rules and
regulations, discipline and general work practice which are subject to change from time to time.
Please return a copy of this offer letter duly signed by you in token of acceptance of this offer letter.
For Balaji Pharmatech
Authorized Signatory
Registered Address: 902, 9thFloor, Raheja Plaza 1, B-Wing, Opposite R-City Mall, L.B.S
Marg, Ghatkopar (W) Mumbai 400086 +91 22 6255 6255
Balaji Pharmatech
CIN: U74999MH2019PTC325869
(A UNIT OF ASCENT WELLNESS AND PHARMA SOLUTIONS PRIVATE LIMITED)
Address: D. No. – 24-1/29, Rayanapadu Road, Nallakunta, Gollapudi, Vijaywada Rural,
NTR District, Andhra Pradesh – 521 225
Email Id: legal@ahwspl.com Contact No.: 022 6864 5200
Allowances/Compensation Structure
Annexure I
Monthly Annual Monthly Annual
Fixed Salary Component (A) Employer Contributions (D )
(Rs.) (Rs.) (Rs.) (Rs.)
Basic 10500 126000 Employer PF 1670 20040
House Rent Allowance 525 6300 Employer ESIC 538 6456
Leave Travel Allowance 0 0 Total Employer Contribution 2208 26496
Education Allowance 0 0
Supplementary Allowance 3417 41004 Salary Total (A+B+C+D) 18750 225000
Annual Fixed Bonus 0 0
Monthly Annual
Reimbursement Component (B) Annual Performance Variable 0 0
(Rs.) (Rs.)
Books & Periodicals 0 0 Cost to Company 18750 225000
Fuel & Maintenance Reimbursement 0 0
Statutory Deductions From Monthly Annual
0 0
Driver Salary Gross (Rs.) (Rs.)
Telephone & Internet Reimbursement 0 0 Employee PF 1670 20040
Funding Professional Education 0 0 Employee ESI 124 1488
Gadgets for Personal & Professional Use 0 0 Professional Tax 200 2400
Gross (A+B) 14442 173304 Total Deductions 1994 23928
Statutory Bonus (C) 2100 25200 Statutory deductions will be as applicable*
Components Exclusive of CTC
Statutory Bonus: As per the Payment of Bonus Act 1965, you will be paid statutory bonus. The said bonus will be paid monthly and treated as yearly
bonus as per the Payment of Bonus Act 1965.
Signature:
____________ ________________________
Date of Joining Name: Mandala Venkata Sai Kiran
For Balaji Pharmatech
Authorized Signatory
Registered Address: 902, 9thFloor, Raheja Plaza 1, B-Wing, Opposite R-City Mall, L.B.S
Marg, Ghatkopar (W) Mumbai 400086 +91 22 6255 6255
