The Company's philosophy on corporate governance aims at enhancing the shareholder
value. The corporate governance philosophy is driven by the interest of stakeholders
and business needs of the Company. The principles of corporate governance have emerged
as the cornerstone of the Company's governance philosophy.
The long-term interests of the stakeholders are served by continuous adherence and
enforcement of the principles of good corporate governance. To keep pace with an
evolving global environment, the Company continuously innovates and adapts governance
practices to meet new demands. This ensures efficient conduct of the affairs of
the Company, which, in turn, helps the Company achieve its goal of maximizing value
for all its stakeholders.
The Company's governance philosophy is based on the fair and transparent disclosure
of issues related with the Company's business, financial performance, and other
matters of stakeholders' interest.