Our Company believes that sustainable and long-term growth of every stakeholder depends upon the judicious and effective use of available resources and consistent endeavor to achieve excellence in business along with active participation in the growth of society and significant contribution in economic growth. The Governance for our Company means being true to own belief and constantly strengthening and increasing stakeholders values and return on investment by adopting principle of transparency, accountability and adherence of committed value creation principles. We are firm in the belief that Corporate Governance means commitment for achievement of value based growth and meeting the commitment within the predefined time frame without compromising with ethical standards set Paradigms, transparency in transactions and fixing of accountability.

THE CORPORATE GOVERNANCE STRUCTURE

The company has three tiers of corporate governance structure viz:

i)   Strategic supervision - by the Board of Directors.

ii)  Executive management - by the Corporate Management comprising the Chairman & Managing Director and Joint Managing Director

iii) Operational Management - by the senior management functionaries.

The three tier governance structure ensures greater management accountability and credibility , a well performing management in place and increased public confidence.

ROLES OF VARIOUS CONSTITUENTS OF CORPORATE GOVERNANCE IN THE COMPANY

(i)      Board of Directors (tile Board) : The Directors of the Company are in fiduciary position, empowers to oversee the management functions with a view to ensure its effectiveness and enhancement of shareholders’ . the board reviews and approves management’s strategic plan and business objectives and monitors the Company's strategic direction.

(II)     Corporate Management (CM) : The main function of the Corporate Management is strategic management of the Company's businesses within the approved direction and framework. This Includes ensuring that effective systems are in place for appropriate reporting to the Board on important matters concerns the company

(iii)    Managing Director (MD) : The primary role of Managing Director is to provide leadership to the Board and the Corporate Management for realizing the approved strategic plans and business objectives. He also presides over the general meetings of the shareholders.