The Code of Conduct adopted
by the Company is furnished below:
Members
of the Board and the Senior Management,
shall
a)
Always act in the best interests of the
Company and its stakeholders.
b) Adopt the highest standards of personal
ethics, integrity, confidentiality and discipline
in dealing with all matters relating to
the Company.
c) Apply themselves diligently and objectively
in discharging their responsibilities and
contribute to the conduct of the business
and the progress of the Company, and not
be associated simultaneously with competing
organization either as a Director or in
any managerial or advisory capacity.
d) Always adhere and conform to the various
statutory and mandatory regulations/guidelines
applicable to the operations of the Company
avoiding violations or non-conformities.
e) Not derive personal benefit or undue
advantages (financial or otherwise) by virtue
of their position or relationship with the
Company, and for this purpose:
(i) shall
adopt total transparency in their dealings
with the Company.
(ii) shall
disclose full details of any direct or indirect
personal interests in dealings/transactions
with the Company.
(iii) shall
not be party to transactions or decisions
involving conflict between their personal
interest and the Company’s interest.
f) Conduct themselves and their activities
outside the Company in such manner as not
to adversely affect the image or reputation
of the Company.
g) Bring to the attention of the Board,
Chairman or the Managing Director as appropriate,
any information or development either within
the Company (relating to its employees or
stakeholders) or external, which could have
an impact on the Company’s operations,
and which in the normal course may not have
come to the knowledge of the Board/Chairman
or Managing Director.
h) Always abide by the above Code of Conduct,
and shall be accountable to the Board for
their actions/violations/defaults.
Chennai
– 600 018
Date- 24th August, 2006 |
For
and on behalf of the Board
V.M.Balasubramaniam
Managing Director |
