FOR
BOARD MEMBERS & SENIOR MANAGEMENT PERSONNEL
Preface
This Code of Conduct (“this Code”)
shall apply to all the Board Members and
Senior Management Personnel of SILICON
VALLEY INFOTECH LIMITED (hereinafter
referred to as “the Company”).
This code is in alignment with Company’s
Vision and Values to achieve the Mission
& Objectives and aims at enhancing ethical
and transparent process in managing the
affairs of the Company.
Board Members:
The term “Board Members” shall
mean the Directors of the Company.
Senior Management
Personnel: The term “Senior
Management Personnel” shall mean employees
of the Company who are members of its core
management team excluding the Board of Directors.
Directors and Senior Management Personnel
shall affirm compliance with the code of
conduct as laid down below on an annual
basis at the end of each financial year.
Amendments to
the Code: The provisions of this
Code can be amended/modified by the Board
of Directors of the Company from time to
time and all such amendments/modifications
shall take effect from the date stated therein.
Code of conduct :
All Board Members and Senior
Management Personnel shall be accountable
for complying with this Code. They shall
act within the power & authority conferred
upon them, keeping in view the best interest
of the Company and observe the following
:
- Shall act with utmost care, skill,
diligence, honesty & integrity for
the best interest of the Company in fulfillment
of their fiduciary obligation.
- Shall avoid any personal and/or financial
interest which might have a potential
conflict with the interest of the Company
and if the same is unavoidable, he/ she
shall disclose the same to the Board at
the earliest.
- Shall not commit any offence involving
moral turpitude.
- Shall not hold any position or job
or engage himself/ herself in any other
business or interest that is prejudicial
to the interests of the Company.
- Shall comply with all applicable laws,
rules and regulations in letter and spirit.
- Shall protect the interest of employees,
shareholders, banks, financial institutions,
creditors and all other stakeholders.
- Shall pay lot of importance to good
working atmosphere with special thrust
on healthy and safe working environment.
- Shall not indulge themselves in Insider
Trading.
- Shall protect the Company’s assets
including physical assets and information
and shall use the same only for official
purpose or as per the terms of appointment.
- Shall ensure confidentiality of information
which is not in the public domain or required
to be produced in accordance with any
law for the time being in force.
Once every year or upon revision of this
code, every director must acknowledge and
execute an understanding of the code and
an agreement to comply. New directors will
sign such a deed at the time when their
directorship begins.
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