Corporate Governance

"Over eight decades ago, Shri Jamnalal Bajaj wrote about the principles of fair trade practices, perhaps what can be termed as Corporate Governance of date. Needless to say those very tenets drive all of us in true 'Bajaj tradition'."

Tenets of Company’s Corporate Governance Philosophy

We strongly believe that retaining and enhancing stakeholder trust is indispensable for sustained corporate growth. Maximising the shareholder value while safeguarding and promoting the interests of other stakeholders and maintaining a resolute commitment to ethics and code of conduct forms the nucleus of the Company’s Corporate Governance philosophy. For the Company, adherence to Corporate Governance stems not only from the letter of law but also from our inherent belief in doing fair business the right way. 

Bajaj Hindusthan is in full compliance with the Corporate Governance norms and disclosures of Clause 49 of the Listing Agreement with the Stock Exchanges. We report our financial results and other relevant disclosures/ developments in a clear and timely manner through print and electronic media. The Company files its quarterly, half yearly, annual results, quarterly shareholding patterns in the manner and within such time as prescribed in the Listing Agreement.
 
The Company’s policies on Corporate Governance and compliance thereof in respect of specific areas for the year ended September 30, 2012, in the format prescribed by Clause 49 of the Listing Agreement with the Stock Exchanges are set out below for the information of the shareholders and investors of the Company.
 
The fundamental theme of Corporate Governance at Bajaj Hindusthan Sugar Ltd. is the nature and extent of accountability of people in the business. The tenets of honesty, transparency and fairness have been entrenched into the corporate culture and each of its associate to ensure adherence to the following main principles of Corporate Governance:-
 
  • Rights and equitable treatment of shareholders: To respect the rights of shareholders and help shareholders to exercise those rights by openly and effectively communicating information and by encouraging shareholders to participate in general meetings.
  • Interests of other stakeholders: To recognise that the Company has legal, contractual, social, and market driven obligations to the non-shareholder stakeholders comprising of external stakeholder groups represented by investors, lenders, trade creditors, suppliers, customers, communities affected by the Company's activities, policy makers, etc. on the one hand and the internal stakeholders represented by the Board of Directors, executives and other employees on the other.
  • Role and responsibilities of the board: The board possesses sufficient relevant skills and understanding to review and challenge management performance with appropriate levels of independence and commitment.
  • Integrity and ethical behaviour: To practice that integrity is a fundamental requirement in choosing corporate officers and board members. The Company has developed a code of conduct for its Directors and executives that promotes ethical and responsible decision making.
  • Disclosure and transparency: The roles and responsibilities of Board and Management are clearly defined make publicly disseminated to provide stakeholders with a level of accountability. All the material matters concerning the organisation are timely disclosed and balanced to ensure that all investors have access to clear, factual information.

Towards this end all the Directors and Senior Management are committed to adhere to the Company’s Code of Conduct and Code for Prevention of Insider Trading. The Management always aims at seeking practical solutions with the objective of strengthening corporate and board governance within the existing framework.

  • Corporate Governance Report for the quarter ended 30.09.2018
  • Quarterly Compliance Report on Corporate Governance for the qtr ended 31.12.2016
  • Quarterly Compliance Report on Corporate Governance for the qtr ended 30.06.2015
  • Quarterly Compliance Report on Corporate Governance for the qtr ended 31.03.2015
  • Quarterly Compliance Report on Corporate Governance for the qtr ended 30.06.2017
  • Quarterly Compliance Report on Corporate Governance for the qtr ended 30.09.2016
  • Quarterly Compliance Report on Corporate Governance for the qtr ended 30.06.2016
  • Quarterly Compliance Report on Corporate Governance for the qtr ended 31.03.2017
  • Quarterly Compliance Report on Corporate Governance for the qtr ended 31.12.2015
  • Corporate Governance Report for the quarter ended June 30, 2018
  • Quarterly Compliance Report on Corporate Governance for the qtr ended 30.09.2017
  • Corporate Governance Report for the quarter ended December 31, 2017
  • Quarterly Compliance Report on Corporate Governance for the qtr ended 31.03.2016
  • Quarterly Compliance Report on Corporate Governance for the qtr ended 30.09.2015
  • Corporate Governance Report for the quarter ended March 31, 2018
  • Copyright © 2018. Bajaj Hindusthan Sugar Ltd. All Rights Reserved

    Sitemap | Disclaimer