Philosophy

The Corporate Governance philosophy of the Company is driven by the interest of stakeholders and business needs of the organization. Corporate Governance is essential for the growth, profitability and stability of any business. Aligning itself to this philosophy, the Company has placed Corporate Governance on a high priority.

The highlights of the Company’s Corporate Governance policy are:

  • The Company believes that an active, well-informed and independent Board is necessary to ensure high standards of Corporate Governance. The Company has appropriate mix of Executive and Non-executive Directors. To ensure the freedom of the Board, majority of the Board members are Independent Directors.
  • Constitution of several Committees for focused attention and proactive flow of information enables the Company to ensure expedient resolution of diversified matters.
  • Established Code of Conduct for Directors and Senior Management, along with the Code of Conduct for Prevention of Insider Trading.
  • Established Whistle Blower Mechanism which act as a neutral and unbiased forum for Directors, Employees and Business Partners of the Company and its subsidiaries (both Indian and foreign).
  • Regular communication with shareholders, including e-mailing of financial results, press releases, annual report, etc.
  • Endeavor to continuously contribute to social and environmental spheres through various CSR programs creating shared values.