Code of Conduct

  • Introduction
      • This Code of Conduct (hereinafter referred to as the "Code") shall be called "The Code of Conduct for Board Members and Senior management personnel" of Eldeco Housing and Industries Ltd (hereinafter referred to as the "Company").
      • This Code envisages that the Board of Directors of the Company ("Board") and Senior Management Personnel (as hereinafter defined) (collectively referred to as "Officers") must act within the bounds of the authority conferred upon them and with a duty to comply with the requirements of applicable law.
      • The purpose of this Code is to enhance ethical and transparent process in managing the affairs of the Company, and thus to sustain the trust and confidence reposed in the Officer by the shareholders of the Company. Officers are expected to understand, adhere to, comply with and uphold the provisions of this Code and the standards laid down hereunder in their day-to-day functioning.
      • The principles prescribed in this Code are general in nature and lay down broad standards of compliance and ethics, as required by Clause 49 of the listing agreement with the Bombay Stock Exchange Ltd and the Uttar Pradesh Stock Exchange Association Ltd (hereinafter referred to as "Stock Exchange"). The Officers should also review other applicable policies and procedures of the Company for specific instructions and guidelines, which are to be read in conjunction with this Code.
      • This Code shall come into force with effect from the 29 February 2008.
      • All Officers should sign the acknowledgment from annexed as Appendix IV hereto and return the form to the Manager/ Compliance Officer indicating that they have received, read, understood and agree to comply with the Code. All Officers shall be required affirm compliance with this Code on an annual basis, within 30 days of close of every financial year to the Compliance Officer/ Company Secretary, in the form annexed hereto as Appendix III.
  • Deffinitions & Interpretation
  • Applicability
  • Ethical Conduct
  • Disclosures
  • Other Directorships
  • Preservation of "Price Sensitive Information"
  • Public Representation And Confidentiality Of Information
  • Regulatory Compliance
  • Protection Of Assets
  • Amenmendements to The Code
  • Enforcement of Code of Conduct
  • Consequences of Non-Compliance of this Code