Code
of Conduct for Directors and Members of Senior
Management Personnel
Preface
This Code of Conduct (“this Code”)
shall apply to all the Board Members and Senior
Management Personnel of TWENTY
FIRST CENTURY (INDIA) LIMITED (hereinafter
referred to as “the Company”). This
code is in alignment with the Company’s
main business objectives.
Board Members :
The term “Board Members” shall mean
the Directors of the Company.
Senior Management Personnel
: The term “Senior Management Personnel”
shall mean employees of the Company who are members
of its core management team excluding the Board
of Directors.
Directors and Senior Management Personnel shall
affirm compliance with the code of conduct as
laid down below on an annual basis at the end
of each financial year.
Amendments to the Code : The
provisions of this Code can be amended/modified
by the Board of Directors of the Company from
time to time and all such amendments/modifications
shall take effect from the date stated therein.
Code of conduct:
All Board Members and Senior
Management Personnel shall be accountable for
complying with this Code. They shall act within
the power & authority conferred upon them,
keeping in view the best interest of the Company
and observe the following :
- Shall act with utmost care, skill, diligence,
honesty & integrity for the best interest
of the Company in fulfillment of their fiduciary
obligation.
- Shall avoid any personal and/or financial
interest which might have a potential conflict
with the interest of the Company and if the
same is unavoidable, he/ she shall disclose
the same to the Board at the earliest.
- Shall not commit any offence involving moral
turpitude.
- Shall not hold any position or job or engage
himself/ herself in any other business or interest
that is prejudicial to the interests of the
Company.
- Shall comply with all applicable laws, rules
and regulations in letter and spirit.
- Shall protect the interest of employees,
shareholders, banks, financial institutions,
creditors and all other stakeholders.
- Shall pay lot of importance to good working
atmosphere with special thrust on healthy and
safe working environment.
- Shall not indulge themselves in Insider Trading
.
- Shall protect the Company’s assets including
physical assets.
- Shall ensure confidentiality of information
which is not otherwise available to the general
public at large.
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