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Integrated Reporting

Conducting Our Business with Integrity

Conducting Our Business with Integrity

Good governance has been the foundation of conducting our business. To maintain the highest standards of governance and ensure ethical conduct, various policies, processes and procedures are in place.

Rallis has been led by an active and experienced Board, along with various Committees, each having a clear mandate laid out in the Charters and Terms of Reference. Our overall governance framework, systems and processes are designed to reflect and support our mission, vision and values. Our Senior Leadership operates under the guidance of the Board and Committees and is tasked with responsibilities to ensure smooth business functioning and to keep the Board well informed.

Board of Directors

Mr. Bhaskar Bhat

Chairman and Non-Executive Non-Independent Director

Dr. C. V. Natraj

Non-Executive Independent Director

Ms. Padmini Khare Kaicker

Non-Executive Independent Director

Dr. Punita Kumar Sinha

Non-Executive Independent Director

Mr. R. Mukundan

Non-Executive Non-Independent Director

Mr. Sanjiv Lal

Managing Director & CEO

Board Committees

1 Audit Committee

2 Nomination and Remuneration Committee

3 Stakeholders Relationship Committee

4 Corporate Social Responsibility Committee

5 Safety, Health, Environment and Sustainability Committee

6 Risk Management Committee

Chairperson

Member

Board Composition

The above charts denote the number of Directors

Our Policies and Processes

Tata Code of Conduct (TCoC)
Risk Management Policy
Governance Guidelines on Board Effectiveness
Anti-Money Laundering and Anti-Bribery and Anti-Corruption Policy
Whistleblower Policy
Prevention of Sexual Harassment at Workplace Policy
Code of Corporate Disclosure Practices
Business & Human Rights Policy
Code for Prevention of Insider Trading

Code of Conduct, Policies and Ethics

The value of ethics has been enshrined in the TCoC. Ethics concerns are tracked and reported to the Audit Committee of the Board periodically. During the year, a Policy on Business & Human Rights and a strategic framework and governance structure was adopted to operate the business in conformity with the highest morals and ethical standards. The Board and Management review the compliance and effectiveness of policies and processes periodically.

Governance and Sustainability

Addressing societal impact is a key attribute of corporate sustainability at Rallis. We have several processes and special projects to address our impact on the society, anticipate and prepare for concerns proactively. We endeavour to address a majority of the 17 Sustainable Development Goals (SDG) aimed at building economic capital, ensuring environmental integrity, enabling economic development and building social capital.

Supporting Sustainable Business

Board’s Report