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CORPORATE GOVERNANCE

AT
ADITYA BIRLA

WHAT IS CG????
Corporate Governance is :

he Set of processes, policies, laws and institu


affecting the way a corporation is directed,
dministered and controlled.

ADITYA BIRLA GROUP


The Birla business continues since
generations.
Kumar Mangalam Birla is the
Chairman
Diversified Business:
Metals, cements, textiles,
telecommunication,
financial services, IT,retail trading
etc.

CORPORATE
GOVERNANCE

THEIR PHILOSPHY
Aditya Birla group believes that Corporate
governance is critical to retain investors
trust
Their Practices are based on the
regulatory framework.
Accountability, Ethical conduct,
transparency, Interest of all stakeholders
forms their philosophy.

KUMAR MANGALAM BIRLA


COMMITTEE
Set up in 1999 by SEBI
Mandatory & Non-Mandatory
Recommendations.
Formulated for the improvement of
CG in all listed companies.

How it follows CG????

Board of directors
Audit Committee
Shareholders grievance committee
Remuneration Committee
Disclosures
Demat & transfer information

Code of conduct by management


Contribution to community
Safety, health, environment
protection and pollution control.
a) 2009-10 was a zero accident year

MISCONDUCT
However, corporate governance can
never be 100% successful
The group has come in the eyes of
SEBI many times for practices that
were not acceptable

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