Code of Business Conduct
Philosophy
The Company is committed to the adoption of best corporate governance practices which ensure accountability of management and maximization of stakeholders value. We shall strive to put in place process, system, control and governance structures for protecting and furthering the interest of our stakeholders.
National Interest
The Company shall be committed in all its actions to benefit the economic development of the country and work towards making India a developed nation. It shall not undertake any project or activity to the detriment of the national interest or those that will have any adverse impact on the social and cultural life.
Stakeholders
The Board of Directors of the Company shall duly and fairly inform its stakeholders about all relevant aspects of the Company's business, and disclose such information in accordance with the respective regulations and agreements.
Equal-Opportunities
The Company shall provide equal opportunities to all its employees and all qualified applicants for employment, without regard to their race, caste, religion, colour, ancestry, marital status, sex, age, nationality, disability and veteran status. Employees of the Company shall be treated with dignity and in accordance with the Company’s policy.
Safety, Health and Environment
The Company attaches great importance to a healthy environment and to the safety of its employees. The Company shall be committed to prevent the wasteful use of natural resources and minimize any hazardous impact on environment.
Transparency and Accountability
All Company employees shall ensure that their actions in the conduct of business are totally transparent except where the need of business security dictates otherwise.
Gifts and Donations
The Company and its employees shall not offer or give any Company’s fund or property as donation to any government agency or their representatives, directly or through intermediaries, in order to obtain any favorable performance of official duties.
Financial Reporting and Records
The Company shall prepare and maintain its accounts truly and fairly in accordance with the accounting and financial reporting standards which represent the generally accepted guidelines, principles, laws and regulations of the country in which the Company conducts its business affairs.
Political Non-Alignment
The Company shall not support, directly or indirectly, any specific political party or candidate for political office. The Company shall not offer or give any Company’s fund or property as donation, directly or indirectly, to any specific political party, candidate or campaign.
Public Representation of the Company
The Company honors the information requirement of the public and its stakeholders. In all its public appearance with respect to disclosing Company and business information to public constituencies such as the media, the financial community, employees and stakeholders, the Company shall be represented only by specifically authorized directors and employees.
Accountability
The Board of Directors (BOD) shall oversee the Company’s adherence to ethical and legal standards. All employees and the members of the BOD shall undertake to stop or prevent actions that could harm customers, the system or reputation of the Company.