Code of Conduct
This Code of Conduct and Ethics is made pursuant to Clause 49 (Corporate Governance) of the Listing Agreement with Stock Exchanges and shall hereinafter be known as “the Code”. The Code will become effective from the date it is approved and adopted by the Board of Directors of the Company.
The objective of the Code is to promote and uphold the high standards of ethics observed by the Company in conducting its business. The Code lays down a broad policy for one’s conduct in dealing with the Company, fellow directors and employees and the external environment in which the Company operates.
The Company believes in conducting its business with responsibility, transparency, empowerment, honesty and environmental consciousness. The Company seeks to be a leader in its chosen area of operation and to operate and achieve excellence in everything it does.
All the persons to whom the Code applies shall read, understand and follow the provisions of the Code, in letter and spirit and act within the bounds of the authority conferred upon them with duty to make and enact informed decisions and policies which result in enhancement of the value of the Company to its shareholders and simultaneously enable the Company to fulfill its obligations to other stake holders such as customers, employees, financers Government and the society in general.
The Directors and senior management personnel are expected to act in accordance with the highest standards of personal and professional integrity, honesty and ethical conduct while working for the Company.
We consider honest conduct to be the conduct that is free from any fraud or
deception. The ethical conduct is the conduct conforming to the accepted
professional standards of conduct. Ethical conduct includes the ethical handling
of actual or apparent conflicts of interest between personal and professional
relationships.
The Company is committed to serve the community around its area of operations. The Company believes that no organization can survive in isolation and it has a responsibility towards public at large. The Company aims to reach out to the neighboring villages, conserve the environment and nurture young people. The Company shall take requisite community development initiatives around the areas of its operations. The Company expects wholehearted support from the Directors and senior management personnel in discharge of the corporate social responsibility