Corporate Governance - Company’s Philosophy On Corporate Governance

The Company aims at maintaining openness, credibility, transparency and accountability which form the basic principles of good corporate governance. The Company is committed to Corporate Governance practices which are in the best interests of its shareholders and those associated with the Company. Corporate Governance norms promote investor confidence and ensures the integrity of the Board in conducting the affairs of the Company. The Company has complied with the provisions of Clause 49 of the Listing Agreement of the Stock Exchange, which deals with the Corporate Governance requirements.