Table of Contents
Does ONGC give bonus?
With the latest bonus announcement, a shareholder would get one bonus share of ₹5 each for every two shares held in the company. This is subject to approval of shareholders. The last time ONGC declared a bonus was in 2010-11 (1:1). Prior to that, a bonus of 1:2 was declared in 2006-07.
What is the package of ONGC through gate?
A compensation package of ONGC for an engineer joined through GATE is approximately INR 20.06 Lacs (ONGC package after GATE) at E1 level.
What is the salary of ONGC employee through gate?
ONGC Salary through GATE 2021
| Post level | Basic Pay Scale |
|---|---|
| E1 | INR 60,000 – 1,80,000 |
The bonus shares will be issued to “eligible members of the company in the proportion of two new fully paid-up equity share of rupee one each for every one existing fully paid-up equity shares of rupee one each held by them, by capitalising a sum not exceeding Rs 59,91,13,022 out of the company’s free reserves and …
Which is the highest post in ONGC?
are provided as per the Company’s rules from time to time….
| DESIGNATION | LEVEL | Pay Scale |
|---|---|---|
| Chief General Manager | E-7 | Rs.120000-280000 |
| General Manager | E-6 | Rs.120000-280000 |
| Deputy General Manager | E-5 | Rs.100000-260000 |
| Chief Manager/Chief Geophysicist/Chief Geologist/Chief Chemist/Chief Engineer | E-4 | Rs.90000-240000 |
Which company will give bonus share in April 2021?
Bonus
| COMPANY | Bonus Ratio | DATE |
|---|---|---|
| Apollo Pipes | 2:1 | 04-12-2021 |
| NCL Research | 1:1 | 03-12-2021 |
| Indo US Bio-Tec | 1:5 | 30-11-2021 |
| Aartech Solonic | 1:2 | 19-11-2021 |
The special resolution to capitalise reserves of Rs 1743,86,32,160 for issuing bonus shares in the ratio of 1:3 is listed on the agenda of the EGM scheduled on July 20, 2021, a filing said. ONGC, Ashok Leyland, Midhani, PTC India, West Coast Paper Mills, Bodal Chemicals and Take Solutions will announce their March quarter results today.
What is the CTC offered by ONGC through Gate 2020?
In newly released Advt. No. 6/2019 (R&P) of ONGC for recruitment of Graduate Trainees (GTs) at E1 Level through GATE 2020, the CTC offered is approx. INR 20.06 Lacs at E1 Level. I’ll explain in this answer how ONGC arrived at this figure of INR 20.06 Lacs, which I think is a big question of every applicant.
Is there any difference between CTC and in-hand salary in ONGC?
It’s definitely not so as there is a big difference between CTC and In-Hand Salary. In newly released Advt. No. 6/2019 (R&P) of ONGC for recruitment of Graduate Trainees (GTs) at E1 Level through GATE 2020, the CTC offered is approx. INR 20.06 Lacs at E1 Level.
What is the salary of an AEE at ONGC?
ONGC gives many facilities to its employees. Your basic pay will be 60000 at the time of joining. All other allowances are some percentages of your basic pay. An AEE will get 60k-70k as starting monthly salary depending upon whether he/she is working offshore/onshore and the type of city he/she lives in for HRA consideration.