Purpose
The purpose of this policy is to reaffirm our commitment to conducting business with integrity, transparency, and in compliance with applicable laws and ethical business practices. The Company maintains a zero-tolerance approach towards bribery, corruption, fraud, and any form of unethical conduct.
Scope
This policy applies to all employees, consultants, contractors, and any individual representing or acting on behalf of the Company.
Policy Statements
The Company prohibits all forms of bribery and corruption in connection with its business activities.
Personnel shall not:
• Offer, promise, authorize, or provide any bribe, kickback, facilitation payment, or other improper benefit to influence a business decision.
• Request, solicit, or accept any bribe or improper advantage from customers, suppliers, business partners, or any other party.
• Misuse Company funds, assets, or resources for unlawful or unethical purposes.
• Engage in fraudulent, deceptive, or dishonest business practices.
Gifts and Hospitality
Reasonable business courtesies may be exchanged where they are lawful, infrequent, modest in value, and do not influence or appear to influence business decisions. Cash gifts or cash equivalents shall neither be offered nor accepted.
Conflicts of Interest
Employees and representatives shall avoid situations where personal interests may conflict with the interests of the Company or its customers. Any actual or potential conflict of interest shall be disclosed to management promptly.
Reporting Violations
Any suspected incident of bribery, corruption, fraud, or unethical conduct should be reported to management without delay. Reports made in good faith will be treated confidentially, and no retaliatory action will be taken against individuals who raise genuine concerns.
Compliance
Failure to comply with this policy may result in disciplinary action, including termination of employment or contractual engagement, and where applicable, legal action in accordance with governing laws.
Policy Ownership and Review
This policy is approved by the management of the organization and shall be reviewed periodically to ensure its continued suitability and effectiveness.
This policy is in effect from 01-Apr-2022