This Code of Conduct for the Board of Directions "hereinafter referred to as the Directors" And Senior Management (hereinafter to as the Officers) of the Company aims at Maintaining the highest standard of Business Conduct & Ethics for the Company , guides in difficult situations involving conflict of interest & moral dilemma and ensure compliance with all applicable lows. The Directors and Officers of the Company subscribe to the following code of Conduct adopted by the Board:
All the Directors and Officers should act in accordance with the highest standard of personal and professional and integrity , honesty and ethics. Their conduct should be free from fraud and deception and it should help foster a culture of honesty, truthfulness , reliability, accountability and respect for human values in the Organisation.
All Directors & Officers should be scrupulous in avoiding situation wherein financial or personal consideration tend to compromise the exercise of professional judgment in discharging of their duties. They should not allow personal interests to conflict with the interests of the company. Acceptance of any undue offer, gift, money's worth or favour, whether for himself /herself or for family members, from any business associates, is prohibited.
All Directors and Officer should be respect the confidentiality of all confidential information, regarding the Company including but nat limited to technical processes, patents , business processes, product development, R&D , expansion plans, prices of goods, raw materials and Plant & Machinery, its customers, suppliers, employees, associates etc., acquired by them in the course of their duties. No such information is to be disclosed except when it is authorized or legally required. The use of such information for his or her own advantage or profit is prohibited.
All Directors and Officers shall themselves make and ensure the use of Company's Property in most efficient and economic manner . All efforts should be made to protect the Company's Property from any misappropriation, theft, carelessness etc. and the Property must be used for legitimate and official purposes only.
All Directors and Officers must comply with all applicable Government Laws, Rules and Regulations. They should make themselves conversant with all the latest legal provisions required in discharging of their duties so that no action of them should jeopardize the company.
All the Directors and Officer s should strive hard to adopt a customer oriented approach and to make the company more competitive. They should endeavor to make continuous improvement in all the business plans & processes, should foster suggestions/ take innovative steps for the betterment of the Company.
All the Directors and Officers should be ensure to provide a full, fair, accurate, timely and understandable disclosures in all report and documents required to be presented to shareholder, investors and other Government Authorities.
The Board of Directors will have the power to take appropriate action against anyone found violating the provision of the code. Where the Company has suffered a loss due to such violation, it may pursue remedies against the individual.
All the Directors is committed to continuously review and update the policies and procedures. Therefore, this Code is subject to modifications, waivers and amendments as the Board may think appropriate from time to time. The Board or any designated person/committee can waive compliance with this code for any director or officer of the Company.