Advt.No.

- 70/2024

No. : 6/11/2024-PESB

Dated : 05/08/2024

Hindustan Organic Chemicals Limited (HOCL)

Chairman & Managing Director

01.06.2025

Schedule B

Rs. 75,000 - 90,000

I. COMPANY PROFILE
Hindustan Organic Chemicals Limited (HOCL) was incorporated under the Indian Companies Act,
1956 with the objective of setting up for chemicals manufacturing units for production of organic
chemicals and chemical intermediates. It is a Schedule ‘B’ CPSE, listed on BSE and is with the
administrative jurisdiction of Department of Chemicals and Petrochemicals under the Ministry of
Chemicals & Fertilizers. The Company had a unit at Rasayani, District Raigad, Maharashtra and at
Ambalamugal, Kochi, Kerala. As per the restructuring plan for HOCL approved by the Govt. of
India on 17 May 2017, the operations of Rasayani unit have been closed down. In addition, M/s.
Hindustan Fluorocarbons Limited at Hyderabad is the Subsidiary of HOCL. The Govt. of India has
approved closure of HFL on 22.01.2020.
The company employed 188 regular employees (Executives 120, Non-executives 68) as on
31.03.2024.
Its Registered and Corporate Office is at its factory in Ambalamugal, Kochi, Kerala state.
The authorized and paid up capital of the Company was Rs.370 crore and Rs.337.27 crore
respectively as on March 31, 2024.
The shareholding of the Government of India in the company is 58.78% as on 31.03.2024.
II. JOB DESCRIPTION AND RESPONSIBILITIES
The Chairman & Managing Director is the Chief Executive of the Corporation and accountable to

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 its Board of Directors and Government of India. He/She is responsible for the efficient functioning
of the Corporation and for achieving its corporate objectives and performance parameters.
III. ELIGIBILITY
1. AGE : On the date of occurrence of vacancy (DOV)

Age of superannuation 60 years

Internal Others

Minimum Maximum Minimum Maximum

2 years residual service as on 3 years residual service as on

45 the date of vacancy w.r.t. the 45 the date of vacancy w.r.t. the
date of superannuation. date of superannuation.

2. EMPLOYMENT STATUS:
The applicant must, on the date of application, as well as on the date of interview, be employed
in a regular capacity – and not in a contractual/ad-hoc capacity – in one of the followings:-
(a) Central Public Sector Enterprise (CPSE) (including a full-time functional Director in the
Board of a CPSE);
(b) Central Government Group 'A' officers including the Armed Forces of the Union and All
India Services and officers from Public Sector Banks/ Financial Institutions/ Autonomous
Bodies etc;
(c) State Public Sector Enterprise (SPSE) where the annual turnover is *Rs.750 crore or
more;
(d) Private Sector in company where the annual turnover is *Rs.750 crore or more.
Preference would be given to candidates from listed Companies.
(* The average audited annual turnover of three financial years preceding the calendar year in
which the post is advertised shall be considered for applying the approved limits.)
3. QUALIFICATION:
The applicant should be an Engineering Graduate/ Chartered Accountant/ Cost Accountant/
Post Graduate/ Graduate with MBA/ PGDIM from a leading Institute.
4. EXPERIENCE:
The applicant should possess cumulative experience/ exposure for at least five years during
the last ten years in Finance/ Business Development/ Production/ Operations/ Marketing/
Project management in a large organization of repute.
Experience in Chemical/ Petrochemical industry, is desirable.
5. PAY SCALE:

(a) Central Public Sector Enterprises-

Eligible Scale of Pay

(i) Rs. 7250-8250 (IDA) Pre 01/01/1992

(ii) Rs. 9500-11500 (IDA) Post 01/01/1992

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 (iii) Rs. 20,500-26,500 (IDA) Post 01/01/1997

(iv) Rs. 51300-73000 (IDA) Post 01/01/2007

(v) Rs. 120000 – 280000 (IDA) Post 01/01/2017

(vi) Rs. 18400-22400 (CDA) Pre-revised Post 01.01.1996

(vii) Rs. 37400-67000 + GP 10000 (CDA) Post 01/01/2006

(viii) Rs. 144200-218200 (Level 14) (CDA) Post 01/01/2016

The minimum length of service required in the eligible scale will be one year for internal
candidates, and two years for others as on the date of vacancy.
(b)
(i) Group 'A' officers of the Central Government including All India Services (AIS) and
Autonomous Bodies etc. should be holding a post of the level of Joint Secretary in Govt. of
India or carrying equivalent scale of pay on substantive basis on the date of application.
(ii) Applicants from Public Sector Bank/ Financial Institutions should be at Board level for
one year on the date of application.
(iii) Applicants from the Armed forces of the Union should be holding a post of the level of
Major General in the Army or equivalent rank in Navy/Air Force on the date of application.
(c)
Applicants from State Public Sector Enterprises/ Private Sector should be working at
Board level on the date of application.
6. CONDITION OF IMMEDIATE ABSORPTION FOR CENTRAL GOVERNMENT OFFICERS
Central Government Officers, including those of the Armed Forces of the Union and the All
India Services and officers from Public Sector Banks/ Financial Institutions/ Autonomous
Bodies etc., will be eligible for consideration only on immediate absorption basis.
IV. DURATION OF APPOINTMENT
The appointment shall be for a period of five years from the date of joining or upto the date of
superannuation or until further orders, whichever is earlier.
V. SUBMISSION OF APPLICATIONS
Applicants should submit their applications on-line only as per the format.
1. The applicants should submit their applications through proper channel as follows:
(a) Group 'A' Central Government Officers, including those of the Armed Forces of the Union and
All India Services; through Cadre Controlling authority.
(b) Officers from Public Sector Banks/ Financial Institutions/ Autonomous Bodies, etc: through their
Administrative Ministry/ Department of the Govt. of India.
(c) CMDs/MDs/Functional Directors in CPSE: through the concerned Administrative Ministry;
(d) Below Board level in CPSE: through the concerned CPSE;
(e) CMDs/MDs/Functional Directors in State PSE: through the concerned Administrative Secretary
and Cadre Controlling Authority, if any, of the State Government;
(f) Private Sector: directly to the PESB.
2. Applicants from Private Sector must submit the following documents along with the application
form:

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 (a) Annual Reports of the Company in which currently working for the 3 financial years preceding
the calendar year in which the post is advertised (please provide URL or attach/enclose
copies);
(b) Whether the company is listed or not; if yes, the documentary proof (please provide URL or
attach/enclose copies);
(c) Evidence of working at Board level;
(d) Self-attested copies of documents in support of age and qualifications.
(e) Relevant Jobs handled in the past with details.
VI. UNDERTAKING BY THE APPLICANT
An applicant has to give an undertaking as a part of the application that he/she will join the post, if
selected. If an applicant does not give such undertaking, the application would be rejected.
1. For candidates from Central Government including the Armed Forces of the Union
and All India Services and officers from Public Sector Banks/Financial Institutions/
Autonomous Bodies etc:
(a) The appointment is on immediate absorption basis.
(b) If a candidate conveys his/her unwillingness to join after the interview is held, he/she would be
debarred for a period of two years from the date of interview, for being considered for a Board
level post in any CPSE.
(c) Further, if a candidate conveys his/her unwillingness to join after the issue of offer of
appointment, he/she would be debarred for a period of two years from the date of offer of
appointment for being considered for a Board level post in any CPSE.
2. For candidates from CPSE
a. If a candidate conveys his/her unwillingness to join after the interview is held, he/she would be
debarred for a period of two years from the date of interview, for being considered for a Board
level post in any CPSE other than the one to which the candidate belongs.
b. Further, if a candidate conveys his/her unwillingness to join after the issue of offer of
appointment, he/she would be debarred for a period of two years from the date of offer of
appointment for being considered for a Board level post in any CPSE other than the one to which
the candidate belongs.
3. For candidates from SPSE/ Private Sector
a. If a candidate conveys his/her unwillingness to join after the interview is held, he/she would be
debarred for a period of two years from the date of interview, for being considered for a Board
level post in any CPSE.
b. Further, if a candidate conveys his/her unwillingness to join after the issue of offer of
appointment, he/she would be debarred for a period of two years from the date of offer of
appointment for being considered for a Board level post in any CPSE.
4. In the above cases, no request for relaxation or otherwise would be entertained.
VII. THE APPLICANTS CAN EITHER
(a) fill up the Application Form online only against this Job Description on the website of PESB -
https://pesb.gov.in/ and thereafter forward it online, as specified in para V(1);
Or
(b) fill up the Application Form online only against this Job Description on the website of PESB -

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 https://pesb.gov.in/, take a printout and send it offline, as specified in para V(1).

Total timeline for receipt of applications in PESB is 30 days from the date of publication of
advertisement in leading National Dailies. Last date for submission of applications by the
applicants is by 03:00 PM on 02.09.2024. Last date for nodal officers to forward applications to
PESB is by 03:00 PM on 11.09.2024 . No application shall be entertained under any
circumstances after the stipulated date. Incomplete applications and applications received
after the stipulated date shall be REJECTED.

VIII. Board reserves the right to shortlist applicants for interview, keeping in view the extant
guidelines issued from time to time.

IX. Applications are to be addressed to

Secretary,
Public Enterprises Selection Board, Public Enterprises Bhawan,
BlockNo. 14, CGO Complex, Lodhi Road, New Delhi-110003.

ALL CORRESPONDENCE WITH THE PUBLIC ENTERPRISES SELECTION BOARD SHOULD BE

ADDRESSED TO SECRETARY, PUBLIC ENTERPRISES SELECTION BOARD ONLY.

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