Jamshedpur,
August 25, 2017
Mr PS Reddy, MD, TRF and Mr Rakeshwar Pandey, President, Tata Robins Fraser Labour Union at the bonus agreement.
The Management of TRF Limited and The Tata Robins Fraser Labour Union signed an Agreement on August 25, 2017 for payment of Annual Bonus for the accounting year 2016-17.
As per the agreement, eligible employee will receive 8.33% bonus / Ex- gratia of their respective actual earnings (Basic + DA) earned during the accounting year 2016-17. Accordingly, the minimum bonus works out of Rs. 7,160/- and maximum bonus works out to Rs. 38,373/-
The agreement was signed by Mr. P S Reddy, MD, Mr. Sandeep K Tanwar, VP (Projects), Mr. Subhashish Datta, CFO, Mr. Sanjay Kumar, Dy. Chief (BMHE), Mr. Arvind Kumar, AGM (P&A) on behalf of the Management and Mr. Rakeshwar Pandey, President, Mr. M H Hiramanek, Dy. President, Mr. Ras Bihari Ray, Vice President, Mr. S K Jha, General Secretary, Mr. B Purty, Mr. Sanjay Kumar, Assistant Secretaries and all Executive Committee Members on behalf of the Union.
(Rajen Sahay)
Head, Corporate Communications
TRF Limited.
