The Corporate Values & Beliefs

The Corporate Values & Beliefs
Good Corporate Governance rests on ethical business behaviour of being fair and civic minded, fulfilling duties to the varied stakeholders and building integrity and faith across all its operations. It ensures application of sound business principles keeping in view the interest of shareholders, health and welfare of employees, needs of customers, and all other stakeholders. This calls for greater responsibility requiring openness, transparency and accountability. The Company endeavours to develop ethical behaviour - through tradition, value based systems and commitment to the letter and spirit of laws of the society in which it operates.
Based on the collection of values and beliefs, the Code is a comprehensive template of ethical and responsible behaviour for guiding the Company's actions and decisions. It is supplementary in nature and supportive to the core values underlying the corporate objectives. The Company has been applying several measures for checks and balances and have put in controls and processes commensurate with the size and nature of activities of the Company. An Audit Committee was also constituted with independent directors bringing more accountability at all levels.
The Company endeavours to uphold good corporate governance and direct its practices towards ensuring transparency, full disclosure, independent monitoring and being fair to all. The Company firmly believes that such ethical practices will strengthen the stakeholders trust and enable the company to attract financial and human capital, perform efficiently and attain the underlying goal of maximizing long-term value for shareholders. The Company remains committed to laying strong emphasis on Corporate Governance and will continue its efforts towards raising the standards keeping pace with the changing economic environment.
Objective
The Company seeks to attain the highest level of standards in conducting its business and uphold good governance