JMGL's Philosophy on Code of Corporate Governance

JMGL believes that, for long-term and sustainable success in business, corporate governance must become an intrinsic part of the Company. JMGL is, therefore, committed to achieve the highest standards of accountability, transparency, and equity in all its spheres and in all its dealings with its stakeholders. This commitment to adhere to corporate governance principles, not just in letter but in spirit, permeates through every level of the Company. Driven by an active, independent and participative Board, the Company is totally committed to timely and comprehensive disclosures, transparent accounting policies and high levels of integrity.

JMGL continues to follow procedures and practices in conformity with the Code of Corporate Governance as stipulated by Securities & Exchange Board of India (SEBI).

This chapter, along with the chapter on Management Discussion and Analysis, reports AIS’s compliance with Clause 49 of the Listing Agreement with the Stock Exchanges.