What will happen as I am not reporting to office since this first?

Nothing for 2-3 months, then you will get a warning email from HR. If C2 or below, no paisa cut, if above C2 full Paisa cut - Variable pay only.

Chill karo. I haven't been to office in last three months, got one warning e-mail from HR, started going last week, from next month again I won't go, same process repeat till 3 months.

Bus itna confidence rakho ki worst case scenario agar nilak diya, have enough knowledge to get another job.

No warning mail these days ... Straight into red list