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> governance philosophy |
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Governance Philosophy
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Corporate governance refers to a set of laws, regulations and good practices that enable an organisation to perform efficiently and ethically generate long-term wealth and create value for all its stakeholders.
We, at Grasim Industries Limited, are committed to the adoption of best governance practices and its adherence in the true spirit, at all times. Our governance practices are self-driven, reflecting the culture of the trusteeship that is deeply ingrained in our value system and reflected in our strategic growth process. Our governance philosophy rests on five basic tenets, viz.,
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Board accountability to the Company and stakeholders |
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Equitable treatment to all shareholders |
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Strategic guidance and effective monitoring by the Board |
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Protection of minority interests and rights |
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Transparency and timely disclosure |
In line with the above philosophy, Grasim continuously strives for excellence through adoption of best governance and disclosure practices.
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