To ensure compliance of the applicable laws, rules, and regulations both in letter and in spirit.

To deal on behalf on the company with integrity, honesty and professionalism as well as high moral and ethical standards, that would enhance the image goodwill and credibility of the business of the company.

Endeavour to devote their utmost to achieve the goals of the company.

Act in a member to enhance and maintain the reputation of the Company.

The Company shall promote ethical behavior in all the spheres of its business operations. The Employees are free to report existing/probable violations of laws, rules, regulations or unethical conduct to their immediate supervisor.

The Directors and Senior Management shall not attempt to suppress/conceal any such view or  reporting. The confidentiality of those reporting violations shall be protected and they shall not be subjected to any discriminatory practices.

The Directors/Senior Management shall ensure that no confidential information is disclosed inadvertently or otherwise. The unpublished price sensitive information and trade secrets are considered as Confidential information.

Confidential information shall be disclosed to persons, both internal and external, only on a "need to know" basic and public disclosure shall be made with appropriate approval or as legally mandated. The Directors/Senior Management shall ensure that all confidential information available to them by virtue of the office they hold is never directly or indirectly released to any person or entity, or made public, otherwise than as stated above.

All the assets of the Company be properly secured through insurance, used optimally in the best business interest of the Company. The Directors / Senior Management shall as far as practicable, protect the Company's assets from loss, damage, misuse or theft and ensure that the assets are only used for business purposes and other purposes specifically approved by the Management and must never be used for unauthorized purposes. The Directors / Senior Management shall not apply the Company's assets / resources and/or proprietary information for personal benefit and/or for the benefit of any other related party.

The Directors / Senior Management shall make their best efforts to protect all such Intellectual Properties related to the Company, as it is critical to the Company's overall success.

The Directors / Members of the Senior Management shall not take a discriminatory stance towards or give unfair advantage too the Company's employees, customers, suppliers, or competitors.

The Directors / Senior Management would ensure an environmentally  friendly and safe and healthy working conditions to its employees, and others who enter their premises for business purposes and shall ensure compliance with all applicable environmental, safety and health laws and regulations and internal policies.

The Directors / Senior Management would ensure that the business of the Company are carried out to allow free and fair Competition and would not invite unwarranted legally challengeable echoes form the Competitors and other persons.

To enhance Shareholder value and comply with all regulations and laws that govern Shareholder's rights. The Company shall duly and fairly disclose all relevant information to its Shareholder's in accordance with the applicable regulations.

This code of conduct is applicable to the Directors and Senior Management Personnel of Hilton Metal Forging Ltd
           
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HILTON METAL FORGING LTD