| 1 |
Ensuring Honesty & Integrity and fulfillment of all fiduciary obligations. |
| 2 |
Avoiding Conflict of Interest in terms of business relationships which may be in conflict with the interest of the Company or the Ador Group. |
| 3 |
Refraining from exploiting Corporate Opportunities for personal gain |
| 4 |
Ensuring Compliance with laws in force and promoting lawful and ethical behavior. |
| 5 |
Avoiding conflict with other Directorships and ensuring full disclosure to the Board |
| 6 |
Ensuring Confidentiality of Information with all outside parties including media |
| 7 |
Insider Trading: Following strictly the norms of ethics and guidelines issued by SEBI |
| 8 |
Refraining from receiving or offering gifts and donations except nominal gifts of a commemorative nature for special events, but these must also be reported to the Board. |
| 9 |
Ensuring Protection of Assets both tangible and intangible e.g. IPR |
| 10 |
Periodic Review of the guidelines once every year or as necessary. New Directors / Senior Management will sign such a deed at the time when their Directorship / employment begins. |
| 11 |
Violation of Code: The Board of Directors shall take disciplinary action in the event of violation of the Code of Conduct which may be categorized into the following three types : |