The Code contains the following standards of behavior for the Officers of the Company:

1.  HONESTY

The Officers are expected to maintain honesty and ethical conduct at Company’s premises/offsite locations/company sponsored business and social events, or at any other place whether or not Officers are representing the company. Honest conduct is to be construed as conduct that is free from fraud or deception.

2. CONFLICTS OF INTEREST

The Company expects all Officers to avoid and disclose actual and potential conflicts of their individual interest with that of Company. The company expects its Officers to keep the interest of the Company above all other interests. Officers are prohibited from
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engaging in any activity that may clash with their performance or responsibilities to the Company or that may be, in any way, detrimental to the Company. Officers are barred from accepting simultaneous employment with suppliers, customers, competitors of the Company, or from taking part in any activity that has a potential conflict.

3. PAYMENTS OR GIFTS OF ANY NATURE FROM OTHERS

Gifts, payments, promise to pay, or authorization to pay any money, or anything of value from customers, vendors, consultants, etc., that is directly or indirectly, intended to influence any business decision, any act or failure to act, any act of fraud, are totally prohibited.

Inexpensive gifts, infrequent business meals, celebratory events and entertainment, provided that they are not excessive or create an appearance of impropriety, may not violate this policy. Gifts given by the company to customers, or received from suppliers or customers, should be appropriate to the circumstances and within propriety of conduct.

4. CONFIDENTIALITY

 

The Officers will be expected to keep the secrecy of the records and information relating to the Company. They will not disclose the information relating to the Company’s plans and strategies, its major decisions, likely events, and other matters that may cause danger to the Company from competitors’ side or in any other way.  

5. DISCLOSURE TO THE PUBLIC

The Company’s policy is to provide full, fair, accurate, timely, and understandable disclosure in reports and documents that are filed with, or submitted to different agencies or for public communications. Officers must ensure that they comply with disclosure controls and procedures, and other internal controls related thereto.

6. COMPLIANCE WITH GOVERNMENTAL LAWS, RULES AND REGULATIONS

The Company expects all Officers to comply with all applicable governmental laws, rules and regulations including SEBI (Prohibition of Insider trading) Regulations, 1992. Officers must acquire appropriate knowledge of the legal requirements relating to their duties sufficient to enable them to recognize potential dangers, and to know when to seek advice from other professionals.