The Company in pursuance of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992 and the amendments thereof has formulated/revised a Code of Conduct for prevent ion of Insider Trading. The code lays down guidelines, which advises on procedures to be followed and disclosures to be mad while dealing with the shares of the company and indicate the consequence of non compliance.

The company has also laid down a Code of conduct for Board members and Senior management personnel. The company is committed to conducting its business in accordance with applicable laws, rules and regulations and the highest standards of business ethics, and to full and accurate disclosure in compliance with applicable laws, rules and regulations. The Board of directors and Senior management has confirmed their compliance with the Code during the year.