‘With effect from Ist April 2019, the following policies are governed in PLin Forbes & ‘Company Lid 1. Forall Managers and Executives who joined anor alter Ist April 2019, the accumulation will be rested to 50 day, 2 Forall Executives and Managers ieespestive of date af joining, wll be not ‘mandatory toavall 2 days PL in the rst year of service 3. After completing the one year of service, i willbe mandatory to aval prota PL in the balance months ofthe same calendar year, the unavale pro-rata PL will lapse. ‘+ Mlustration 1 : If an employee has joined on 15% January 2019, itis mandatory to avail 20 days dusing 159 January 2020 to 31" December 2020 (ie 173 x 1L5 month), ‘Thereater employee must avail 21 days PLin every Calendar year ‘+ Ilustration 2: if an employee has joined on 15% Septemer 2019, itis mandatory to avail 6 days during 15” September 2020 to 31° December 2020ce175 13.3 month), ‘Thereafter employee must avail days PL in every Calendar year + Mlustration 3 : 1 an employee has joined on 1 November 2019, tis mandatory to avail minimum 4 days PL during 1* November 2020 to December 2020, Thereafter ‘employee mast avail 21 days PLin every Calendar year + Mustration 4 : If an employee has joined after 15 December 2019, itis not ‘mandatory to avail PL from 15% December 2020 to 31# December 2020, Thereafter employee must aval 21 days PL inevery Calendar yeu ‘+ Mustration 5: an employee has accumulation of 60 days PL ason Ist Jan ofa given year he/she mustavail2i days and encash 9 days in thatealendar your. no that hes ‘credit a8 on Tst an ofthe following elendar yess remains at 60 day Privilege Leave ordinarily can be taken 3 mesa year that leas 15 days advance prior Allother rules and conditions governing PL not specifically altered also will continue as hereto before, rien tes Matesh Taian Shiksha Bhave Managing Director Director Human Resources