This letter offers Mr. Abhishek Mundhada a position as an Analyst at Transparent Value Private Limited with a starting annual salary of Rs. 532,350. The salary includes components like basic pay, HRA, conveyance, special allowance, food coupons, and bonuses. As an employee, he will have access to confidential company information and is required to sign agreements regarding confidentiality and personal trading. He must also sign an employment contract detailing one year of employment. If he accepts the offer, his start date will be April 8, 2015 and he must bring documents like educational certificates, identity and address proofs, and past employment details on his first day.

1. CIN: U67190MH2006PTC169402
Correspondence Address:
Unit No: 5, 8th Floor, A-Wing, Prism Towers, Link Road,
Mindspace, Malad (W), Mumbai, Maharashtra 400064
L: +91.22.4238.7800 F: +91.22.4238.7807
TRANSPARENT VALUE PRIVATE LIMITED
Registered Office: Unit No: 5, 8th
Floor, Prism Towers, A-Wing, Link Road, Mindspace, Malad W, Mumbai 400 064
T. +91.22.4238.7800 F. +91.22.4238.7807 E. admin-india@transparentvalue.com W. www.transparentvalue.in
REF: TVPL/2014-15/HRD/0309
Date: April 2, 2015
Mr. Abhishek Mundhada
Mumbai
SUB: Employment Offer
Dear Mr. Abhishek Mundhada,
This letter offers you an opportunity of employment as ‘Analyst, Equity Research’ at Transparent Value Private
Limited (hereinafter referred as “Transparent Value”).
Your total Cost-to-Company at commencement of employment with Transparent Value will be Rs. 532,350 (Indian
Rupees Five Lac Thirty Two Thousand Three Hundred and Fifty Only) per annum subject to an annual review and
an annual discretionary bonus. For the detailed break-up of your remuneration, please refer Annexure 1 on page 2
of the Employment Letter. Salary will be paid monthly, in arrears, after deducted of statutory taxes and income tax
deducted at source.
As an employee of Transparent Value, it is likely that you will have access to confidential and/or proprietary
information relating to operations, services and clients of the company. Therefore, to protect the interest of all
parties, Transparent Value requires all employees to sign confidentiality and personal trading agreements. You are
expected to sign and abide by these and other policies of the company. Moreover, you are required to sign a
contract detailing one year of employment with Transparent Value.
If you wish to accept this offer, please sign and return the enclosed copy of this letter, within three calendar days
from the receipt of this letter, after which this offer will lapse. Should you accept this offer, your employment will
commence (tentatively) on Wednesday dated April 8, 2015. You will be required to report to the workplace by
9:45 AM at the address mentioned at the bottom of the page. Please carry documents as listed in Annexure 2 of
the Employment Letter on the joining day.
We look forward to you joining us and hope that you will find employment with us challenging and rewarding.
If you have any queries regarding the terms mentioned above, please contact us at:
T: +91-22-4238-7800
E: hrd@transparentvalue.com
Regards,
For Transparent Value Private Limited,
Mr. Sujay Shyamkant Talathi
Chief Operating Officer - India
Authorized Signatory
I accept the above offer from Transparent Value and agree to the terms and conditions outlined in this letter.
Furthermore, I assure to abide by the terms & conditions mentioned in employment contract and Company’s HR
Policy.
SIGNATURE: Mr. Abhishek Mundhada DATE: __________________________

2. CIN: U67190MH2006PTC169402
Correspondence Address:
Unit No: 5, 8th Floor, A-Wing, Prism Towers, Link Road,
Mindspace, Malad (W), Mumbai, Maharashtra 400064
L: +91.22.4238.7800 F: +91.22.4238.7807
TRANSPARENT VALUE PRIVATE LIMITED
Registered Office: Unit No: 5, 8th
Floor, Prism Towers, A-Wing, Link Road, Mindspace, Malad W, Mumbai 400 064
T. +91.22.4238.7800 F. +91.22.4238.7807 E. admin-india@transparentvalue.com W. www.transparentvalue.in
ANNEXURE 1:
DETAILED BREAK-UP
PARTICULARS
MONTHLY COST TO COMPANY YEARLY
CTCPROBATION CONFIRMATION
Basic 16,000 16,000 192,000
HRA 8,000 8,000 96,000
Conveyance 800 800 9,600
Special 6,000 10,000 108,000
Food Coupons 0 1,100 9,900
TOTAL FIXED COMPONENT 30,800 35,900 415,500
Medical 0 1,250 11,250
REIMBURSEMENTS 0 1,250 11,250
Provident Fund (Employer Contribution) 1800 21,600
Performance Incentive - Variable 84,000
TOTAL COST TO COMPANY 532,350
NOTE:
1) A new joinee will be on 3-month probationary period. On completion of the training/probation period, the
joinee would be confirmed as an employee of Transparent Value.
2) All reimbursements will be subject to submission of invoices. In case of failure to submit invoices,
reimbursement adjustments will be made only at the end of the financial year.
3) Food Coupons for the month will be given to employees at the start of the next month.
4) Performance Incentive mentioned herewith is the maximum limit. Performance incentive is at the discretion of
the Management.
5) Employee will be provided medical insurance worth up to Rs. 500,000.
ANNEXURE 2:
You are expected to carry following documents along with originals (For verification purpose) on date of joining
the Company:
Photo Copies of Educational Certificates or mark sheets (Class X, XII, Graduation, Post-Graduation, and
Professional Degree/ Diploma...)
Two Copies of Proof of Residence (Both Permanent & Mailing, if different)
Two Copies of Proof of Identity
Mandatory copy of your PAN card (Permanent Account Number)
Six Passport size photographs
For experienced candidates,
Copy of Acceptance of Resignation Letter
Copy of Experience & Relieving Letter
Copy of Last three months’ Salary Slip from the last place of employment
In case of failure to present any of the above documents, please ensure that to submit the pending documents
within stipulated time period.