Tinplate Company announces Rs 4.60 crore bonus payout to employees

Jamshedpur, Oct 14:  The Annual Bonus for the employees of The Tinplate Company of India Limited for the Accounting Year 2019-20 was finalized today in an agreement entered into between the TCIL Management and The Golmuri Tinplate Workers� Union (GTWU).

This agreement has been entered into under Sec.31-A of the Payment of Bonus Act, 1965 on the basis of the agreed criteria in terms of profitability, productivity and safety. According to the agreement, the eligible employees will be disbursed a total amount of Rs.4.60 crore against Annual Bonus for the Accounting Year 2019-20.

The agreement was signed by RN Murthy, MD; Rupam Bhaduri, VP (Safety & Corporate); S. Venkatraman, Vice President (Works); Harjit Singh, DGM (HRM &SS); Sourabh Agarwal, Chief Financial Officer; Dr. Atul Srivastava, Chief (Medical Services); S.J. Dey, Chief (Quality, Technology & Strategy); Gurprit Singh, Sr. Manager (Employee Relations) and Rajesh Kumar,  Manager (Administration), Dhritirupa Chatterjee, Asst. Manager (Finance) on behalf of the Management Rakeshwar Pandey, President (GTWU);  Parbinder Singh, Dy. President, Manoj Kumar Singh, General Secretary; Sudama Tiwary, Mahender Singh and Satnam Singh, Vice Presidents; Gautam Dey, Munna Khan, A. Ramesh Rao & PN Singh, Asst. Secretaries; Narendra Kumar Ojha, Treasurer and Daljit Singh, Asst. Treasurer on behalf of The Golmuri Tinplate Workers� Union.