Whistleblower / Vigil Mechanism Policy
Listed companies, companies that have accepted deposits from the public, and companies that have borrowed money from banks and public financial institutions exceeding Rs. 50 crore. Such companies must establish a Vigil Mechanism for directors and employees to report genuine concerns.
The Vigil Mechanism Policy must provide adequate safeguards against victimisation of whistleblowers and must allow direct access to the Chairperson of the Audit Committee. Details of the policy must be disclosed on the company's website and in the Board's Report.
Section 177(9)-(10), Companies Act 2013; Rule 7, Companies (Meetings of Board and its Powers) Rules, 2014
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