The company believes that good corporate practice enables the board to direct and control the affairs of a company in an efficient manner and to achieve its ultimate goal of maximizing shareholders value and conducting its business with integrity and with respect to the interests of those our activities can affect.
To succeed requires the highest standards of behaviour from all of us. Ethical business conduct is critical to our business. To uphold the standards in day-to-day activities the company has framed policies and procedures to be adopted by the Board of Directors and Senior Management. The matters covered under this code are of utmost importance to the company, our shareholders and our business partners.
Code of Conduct for Board of Directors and Senior Management
Principle of Professional & Personal Integrity
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Act with honesty and integrity, avoiding actual or apparent conflicts in personal and professional relationships
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Confidential information acquired in the course of one's work will not be used for personal advantage
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Attain responsible use of and control over all assets and resources employed or entrusted
Principle of Propriety & Relevance of Information
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Provide all stakeholders with information that is accurate, complete, objective, relevant, timely and understandable
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Respect the confidentiality of information acquired in the course of one's work except when authorized or otherwise legally obligated to disclose
Principle of Role models of Highest Standards of Corporate Governance
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Act in good faith, responsibly, with due care, competence and diligence, without misrepresenting material facts or allowing one's independent judgment to be subordinated
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Share knowledge and maintain skills important and relevant to stakeholders' needs
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Proactively promote and be an example of ethical behaviour as a responsible partner among peers, in the work environment and the community
Principle of Insider-Trading
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To preserve the confidentiality of unpublished price sensitive information and to prevent misuse of such information. To be committed to transparency and fairness in dealing with all stakeholders and in ensuring adherence to all laws and regulations
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Duty to safeguard the confidentiality of all such information obtained in the course of work at the company. Not to use position or knowledge of the company to gain personal benefit or to provide benefit to any third party
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To comply with the prevention of insider-trading guidelines as issued by SEBI
