Corporate Governance

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Corporate Governance

Research & Development

The Company's philosophy on Corporate Governance envisages attainment of the hightest levels of transparency, accountability and equity in all facets of its operations and in all its interactions with its stakeholders including shareholders, employees, lenders, Government and the society at large. Its high standards of Corporate Governance provides disclosure of timely and accurate information and effective monitoring of the company’s performance.

The Company has a well defined policy frame work, the broad terms of which are :

To ensure transparency in all its operations which implies the maximum possible disclosure without compromising in any way in compliance of laws and regulations and the interest of the Company and its shareholders.
To maintain on continuous basis high quality of goods and services offered by the Company.
To strive to achieve a competitive return for its investors.

To ensure that adequate systems of internal controls exist and are also supported by Company’s Code of Conduct
To ensure that full and timely information is provided to all Directors so as to enable them to take informed decisions on corporate and business issues.
To focus on training and development of employees and workers so as to achieve the overall corporate objectives, while ensuring employee integration across national boundaries.
To ensure that the Company follows globally recognized Corporate governance practices.
To ensure the promotion of ethical values and setting up exemplary standards of ethical behavior in our conduct.