They shall not engage in any business, relationship or ACTIVITY, which is likely to develop a conflict of interest with the Company Conflicts can arise in many situations. It is not possible to cover every possible conflict situation and at times, it will not be easy to distinguish between proper and improper activity Some of the common circumstances that may lead to actual or potential conflict of interest are: « Any activity / EMPLOYMENT that interferes with the performance or responsibility to the company or is otherwise in conflict with or prejudicial to the company. « INVESTMENTS by them / their family members viz. parents, spouse and sons / daughters, in unlisted entities of competitors, customers,suppliers and any other investments that compromise their responsibility to the company « They will act in the best Interests of the company and fulfill the fiduciary obligations.
Efforts have to be taken to ensure compliance with all applicable laws, rules and regulations, both in letter and spirit. Any possible violation of law, rules, regulations or the code of conduct has to be reported to the MANAGING Director, who will be available to assist in interpreting the appropriateness of any event or action or proposed event or action, in this context.
Any information concerning the companyâ€™s business, its customers, suppliers and other STAKEHOLDERS which is not in the public domain and which they possess or have access to, must be kept in strict confidence unless disclosure is authorized or becomes a legal requirement.
They should not derive any benefit or assist others in deriving any benefit by giving INVESTMENT ADVICE based on their access to and possession of information about the company, not in public domain and therefore constituting insider information.Go to Back