Date : 16-Dec-2021

Arsh Chadha

Business Development Manager

Dear Arsh,

The Management has concluded the Annual Review of individual performances for the year 2020-2021 and is pleased to
announce the salary increments for the mentioned financial year.

I am pleased to inform you that your revised CTC with effect from December 01, 2021 is Rs 9,00,000/-. The details of
your revised CTC are given in the Annexure 1.

As we move forward, we are sure that our collective efforts will have a greater impact on ourbusiness and we will continue to
remain the undisputed market leader.

The company is committed to maintain the confidentiality of your compensation data. You are also requested to adhere to
the same and keep it confidential.

We once again appreciate the efforts put in by you and look forward to your continued contribution in future, as well.

Please take care of your health and stay safe

Wishing you the very best.

Best Regards,

K Harsha Vardhan

CEO and Co Founder

Disclaimer - This is a system-generated letter. Therefore, does not require any signature. If there are any queries regarding the
contents of this letter, please contact HR Department.
 Annexure 1
Name Arsh Chadha
E code NXPT0021
Business Development Manager
Title
Compensation Structure (in Rs.)

Fixed Compensation (Monthly) Current Revised

Basic 33,333 37,500
HRA 16,666 18,750
Special Allowance 14,866 16,950
Gross Salary A 64,865 73,200
Retirals (Monthly)
Company Contribution to PF 1800 1800
Retiral Sub Total (Monthly) 1800 1800
Cost to Company – Annual 8,00,000 9,00,000

Note
* Please note that your new salary structure will not include a variable component.
* The relevant provisions of the Income Tax & other relevant statutes will be borne by you.
* Gratuity as applicable under the Payment of Gratuity Act (1972)