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 CORPORATE GOVERNANCE |
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IndiaCo’s philosophy on corporate governance is based on professional ethics and elevated levels of transparency and disclosure. IndiaCo is one of the few private equity firms/ financial services companies in India, which is listed on any stock exchange. As compared to most closed-door policies followed by other private equity firms, IndiaCo has a completely transparent approach towards compliance the board members are non-executive directors and over 1/2 of them are independent which exceed SEBI requirements.
As a Company, which believes in implementing corporate governance practices that go beyond meeting the letter of law, IndiaCo Ventures Limited remains focused on pursuing a business model that optimizes long term stakeholder value. We believe good governance is an essential ingredient of good business and strive to adopt the highest standards of excellence in corporate governance with the aim of ensuring transparency in all dealings and in the functioning of the management and the Board of Directors. The cardinal principles such as participatory decision making, accountability, responsiveness, transparency, credibility, effectiveness and efficiency serve as the means for implementing the philosophy of corporate governance in letter and spirit.
IndiaCo Code of Conduct for its Board of Directors and senior management personnel is adhered to by all concerned persons to safeguard inherent risks associated with the Company's business and to help fulfill the corporate responsibility to various stakeholders. The Board continuously endeavors to improve upon these aspects on ongoing basis.
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