Corporate Governance refers to the set of process, laws, practices, policies etc observed by a corporate which indicates the manner in which the corporate is directed, administered or controlled. It is a multi-faceted theory which highlights the efficiency and level of ethics at which the corporate operates thereby generating economic efficiency clubbed with a strong emphasis on shareholders welfare and all other stakeholders.

The Aditya Birla Group is committed to the adoption of best governance practices and their adherence in true spirit. The governance philosophy rests on five basic tenets viz., Board’s accountability to the Company and shareholders, strategic guidance and effective monitoring by the Board, protection of minority interests and rights, equitable treatment of all shareholders as well as superior transparency and timely disclosure. The Aditya Birla Group Values – Integrity, Commitment, Passion, Seamlessness and Speed, also reflect this philosophy.

Your Company endeavors to attain excellence in corporate governance through adoption of best governance and disclosure practices in accordance with the requirements of the Listing Agreement.