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The directors & Senior Managers shall act honestly with reasonable
degre of care and diligance in the best interest of the Company
as a whole. |
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The Directors & Senior Managers shall ensure that all the
assests, properties & services of the company are used
efficiently for Company's businessonly or as per the terms
of appointment. |
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The Directors & Senior Managers shall not derive any direct
of indirect benefit from Comapany business associates which
can in any manner be construed as have given to gain favour
in the past or future transactions of the Company. |
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The Directors & Senior Managers shall ensure security of all
confidential information available to them in the course of
their servce and they shall not make any improper use of suchinformation
to gain personal advantage or cause deteriment to the Company. |
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No Director or Senior Manager other than designated spokesperson
shall release to the press or Media any information concerning
any matter to the Company. |
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No Directors or Senior Manager shall engage in any material
business relationship or activity which conflicts with their
duty or cause deteriment to the Company. |
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No Senior Manager shall, without prior approval of the Managing
director of the company, accept any employment or a position
of responsibility with any organization for remuneration or
otherwise. In case od Whole-time Directors, such prior approval
will be required from the Board of Deirectors. |
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The Directors & Senior Managers shall declare information
about their relatives (spouse, children & parents) employed
in the Company. |
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The Directors & Senior Managers shall comply with the Company's
Insider Trading Code and provision of the SEBI (Substantial
Acquisition of Shares & Takeover) Regulations, 1997 while
trading in company's securities at any time. |
