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  #1  
November 25th, 2017, 01:52 PM
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KIOCL VRS Scheme

Hi buddy do you know in which year Voluntary Retirement Scheme (VRS) Scheme was launched by KIOCL Limited, as my one of the friend asking me about it ??
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  #2  
November 25th, 2017, 02:39 PM
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Join Date: Mar 2012
Re: KIOCL VRS Scheme

KIOCL Limited, (Kudremukh Iron Ore Company Limited) is a Government of India enterprise with its head office and administrative activities in Bangalore.

As you asking I am telling KIOCL Limited, (Kudremukh Iron Ore Company Limited) has introduced Voluntary Retirement Scheme (VRS) Scheme during January 2012 & February 2012. 27 employees of the Company have opted for VR. Out of them, one has been released during the year and the remaining 26 employees will be released during the year 2012-13 on their specific request.

Company profile:

Type PSU

Industry Iron making

Mining

Founded 1976

Headquarters Bangalore, India

Key people Shri MV Subba Rao Chairman and MD[1]

Products Iron ore concentrates

Iron oxide pellets

Pig iron

Revenue INR 497.3 million (2016-17)[2]

Parent Ministry of Steel


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