Requirement of company secretary at Power Grid Infrastructure Investment Trust
Engagement of Eligible & Experienced Company Secretary Professional (on contract) for IPAs of the PGInvIT
Power Grid Infrastructure Investment Trust (PGInvIT/Trust), is a listed business trust set up under SEBI (Invit) Regulations and is sponsored by Power Grid Corporation of India Limited, a Maharatna Public Sector Enterprise under the Ministry of Power, Govt. of India. PGInvIT is the first Infrastructure Investment Trust set up by a Public Sector Undertaking of Govt of India and 85% of units of Trust are held by Institutional and non-institution investors and 15% of the units are held by POWERGRID, as Sponsor of the Trust. The Trust owns the five companies as its Initial Portfolio Assets (IPAs)
PGInvIT is looking for bright, committed, hardworking and energetic candidates with professional experience in Company Secretariat function to be placed as Company Secretary Professional (on contract) in its IPAs.
| Position | Company Secretary Professional (on contract) (Candidate may be placed as Company Secretary in the respective IPAs of PGInvIT) |
| No. of Vacancy | 02 |
| Essential Educational Qualification | Associate Member of the Institute of Company Secretaries of India (ICSI |
| Essential Post Qualification work experience |
At least 01 year in Company Secretariat of any unlisted / listed company (Internship / training shall not be counted as experience) |
| Area of Experience | Experience in secretarial matters like: ✓ Drafting of agenda, minutes, official letter etc. ✓ Conducting Board / Committees’/ meetings, General Body Meetings ✓ Compliance with statutory requirements under Companies Act and other statutory compliances thereof |
| Tenure | Four years (Contractual) |
| Upper Age Limit (as on 10.04.2024 | 30 Years |
| Place of Posting | The candidates shall be posted in Delhi NCR. However, they need to work in both offline and online mode |
The total remuneration for the post shall be Rs. 70,000/- per month on lumpsum basis (Inclusive of all benefits) in the first year of engagement. The remuneration shall be paid as per following:
| 1st Year of engagement | Rs. 70,000/- per month |
| 2nd Year | Rs. 76,000/- per month |
| 3rd Year | Rs. 82,500/- per month |
| 4th Year | Rs. 89,500/- per month |
Successful candidates shall be appointed as Company Secretary Professional (on contract) in PWTL/VTL/ any other SPV company of PGInvIT, initially for a period of four (04) years, which may be extended for further period based on performance and discretion of PGInvIT management or its Investment Manager. Empanelled candidates may be issued offer of engagement in case of vacant positions arising in any of the SPVs of PGInvIT in near future.
Important Dates
| Commencement of Online Submission of Application | 01.04.2024 (15:00 Hrs) |
| Last date for Online submission of Application | 10.04.2024 (23:59 Hrs) |
| Cut-off date for eligibility criteria | 10.04.2024 |
For any queries regarding this recruitment, email may be sent to careers@pginvit.in
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