ANNEXURE VI & VII Click Here
Corporate Governance is a process that aims to meet shareholders aspirations and societal expectations. It is a commitment that is backed by the fundamental belief of maximizing shareholders value, transparency in functioning, values and mutual trust amongst all the constituents of organization. Corporate Governance is a culture that guides the Board, management and employees to function towards the best interest of shareholders. It involves essentially a creative, generative and positive thinking activity that adds value to the various stakeholders that are served as end customers of the corporate entity.
Your company is committed to achieving highest level of transparency, openness and accountability and fairness in all areas of operation, meeting the aspirations of all its stakeholders with primary objective of enhancing shareholders value, timely and balanced disclosure of all material information to all the stakeholders and protection of their interest. The Company has put in place a sound system of internal control to mitigate the risks and comply with the laws of land, rules & regulations in true letter and spirit with a view to provide oversight and guidance to management in strategy implementation.
A report on Corporate Governance of your company is placed at ANNEXURE-VI and a certification from Auditors regarding compliance of conditions of Corporate Governance by your company for the year ended 31st March, 2022 is also placed at ANNEXURE-VII to this report.
The Annual Return of the company for financial year 2021-22 pursuant to Section 92 of the Companies Act, 2013 is available on our website.