Introduction

The Company is committed to conducting business in accordance with the highest standards of business ethics and complying with applicable laws, rules and regulations.
The Company believes that a good corporate governance structure would not only encourage value creation but also provide accountability and control systems commensurate with the risks involved.

“The Company’s Board of Directors and Senior Management are
responsible for and are committed to setting the standards of conduct
contained in this Code and for updating these standards, as appropriate, to
ensure their continuing relevance, effectiveness and responsiveness to the
needs of local and international investors and all other stakeholders as
also to reflect corporate, legal and regulatory developments. This Code
should be adhered to in letter and in spirit.”

1. Compliance With Applicable Laws
The Company is committed to comply with all applicable laws, rules, regulations and guidelines in every jurisdiction where it operates.

It is therefore desirable that Directors / Senior Management possess / acquire appropriate knowledge of the legal requirements relating to their roles and duties to enable them to be in compliance thereof and to recognize potential risks.

Directors / Senior Management shall ensure due compliance for every activity undertaken under their supervision and authority.

Directors / Senior Management shall extend full co-operation to regulatory authorities, and disclose information as may be required.