This Code of Conduct is applicable to the:
1. Members of Board of directors of the Company.
2. Senior management which means
a) Executives who are in the grade of general manager and above;
b) Company Secretary.
Aravali commitment to ethical and lawful business conduct is a fundamental shared value of the Board of directors and the senior management.
Consistent with its values and beliefs, Aravali has formulated the following Code of Conduct as a guide. The Code does not attempt to be comprehensive or cover all possible situations. It encourages the Aravali team to take positive actions, which are not only commensurate with the values and beliefs, but are also perceived to be so. Aravali expects its Board members and senior management to implement the Code in its true spirit and in case of any doubt or confusion, to consult his immediate superior or the executive director.
In performing their functions, the directors and senior management of the company shall:
In addition, in performing their Board and Board Committee functions, the directors shall:
disclose any personal interest in any person/entity and keep informing any changes in their interests that may interfere with their ability to perform their duties or which may influence decisions of Board, and in the case of Independent Directors, impact their independence as a Board member.