Singareni to deposit Diwali bonus for retired workers on November 27

Company Chairman and Managing Director N Balram announced that a total of Rs. 18.27 crore will be credited to the accounts of 2,754 retired workers, with a maximum of Rs. 93,750 per person. He instructed senior officials from the Finance and Personnel Departments to ensure the amount is deposited into the workers' accounts by November 27.

Hyderabad: The Singareni Collieries Company Limited(SCCL) will deposit the Performance Linked Reward Scheme (Diwali Bonus) amount in the bank account of the workers who retired from the company during the financial year 2023-24 and between April 1 and October 24, 2024 on November 27.

According to company Chairman and Managing Director N Balram, a total of Rs. 18.27 crore would be credited into the account of 2,754 retired workers, with a maximum of Rs. 93,750 each.

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He directed senior officials of the Finance and Personnel Departments to make appropriate arrangements to deposit the amount in the accounts of the retired workers by November 27.