Tata steel downstream employees ball, Rs 96,000 Get Bonus - Tata Steel Streaming Bonus Employees to Get Maximum Rs 96000

Updated: Sat, 20 Sep 2025 3:26 pm (IST) Tata Steel Penalty Street Product Limited declared a bonus of financial year 2024-25 for employees. The maximum bonus is set at 96 thousand rupees. The decision was made in the discussions between the business and the trade union, which would benefit 643 employees. The amount of the bonus will be deposited into the employee account by September 22. Jagran Correspondent, Jamshedpur. Employees of Tata Steel Penalty Street Product Limited get a maximum bonus in the financial year 2024-25 and a minimum of Rs 44 thousand. In addition, employees of the new series grade receive a bonus of Rs 30,500. Tata Steel downstream Product Limited and Union had a decisive talks on bonus in Bara Auditorium on Friday night. Under the agreement, 643 employees will benefit from the bonus. The company will send bonus money to the company management to the bank accounts by Monday 22 September. Remove the ad, just read the news. Last year, employees received 18.3 percent bonus, but after recovering 150 new employees in the company, the percentage of bonus dropped to 16 percent. After the bonus agreement, the MD Jagjit Singh, managing director of the company, expected everyone’s cooperation. He said that the development of the business is only possible on the basis of employees. At the same time, the trade union president Rakeshwar Pandey has asked all the employees to use their hard work and spend it in the future of their children. There is a formula for 45 lakh more bonus downstream products limited production, productivity, safety and profit parameters from the fixed formula. Under this formula, employees would get Rs 3.34 crore. After the urge made by the trade union leadership to managing director Jagjit Singh, the total amount was given by Rs 3.79 crore, which increased the bonus amount by 45 lakhs. He signed the bonus agreement- managing director Jagjit Singh, Chro Karan Lakhani, general manager Ashwani Kumar, chief HR Sanjay Mazumdar, Division Manager HR Priyanka, Division Manager Puneya Shloka Guru. Union Chairman Rakeshwar Pandey, General Minister Tridev Singh, Vice President Sachchidanand, Pramod Upadhyay, co-secretary Rajesh Kumar, Shashibhushan Mishra, Treasurer Ranjan Mishra, Aman Singh, Dinesh Kumar, Sb Rana, Manoj Kumar Singh, Anesesh Jha, Chandrabhus Singh, Kaushalash Kumar, Satish Mukhi.