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NEWS AND UPDATES |
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COLLABORATION WITH Centro
Magneti Permanenti , ITALY |
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TECHNOLOGY TIE-UP WITH Sumitomo
Special Metal Co., JAPAN |
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INVESTORS |
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CODE
OF CONDUCT
Following is the list of code expected to be maintained
by the company and its employees.
- members of the Board directs the company by formulating and
reviewing policies, strategies, major plan of action, risk policy,
annual budgets and business plans.
- The Board shall act to set up performance objectives, monitoring
implementation etc.
- The Board shall ensure that appropriate system for financial
control and reporting and monitoring risk are in place.
- Evaluating the performance of management, chief executive and
providing checks and balances to reduce potential conflict between
the specific interests of management and the company and shareholders.
- The Board is responsible to the shareholders for creating, protecting
and enhancing wealth of the company and reporting to them on the
performance in a timely and transparent manner.
- It is expected that all Board members and senior managers of
the company shall in their personal conduct be law abiding and
demonstrate an upright character.
- All Board members and senior managers of the company shall conduct
themselves in such a way that upholds and enhances the image of
their position and the company.
- The company shall encourage and enforce accountability consistently
across all levels and functions.
- The members of the Board shall attach significance and value
to their commitments and make every possible effort to achieve
and adhere to them.
- Managing and other Whole Time Directors are required to devote
whole of their time to the affairs of the company.
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