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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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