Annual Report 2016-17

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130 • Annual Report 2016-17
14. Ethics Policy
The Company has proactively and voluntarily implemented the Ethics Policy in the Company since 2012-13. During the
onancial year 2016-17, the Company has successfully observed the said Policy. The objective of this policy is to e[plain
guiding principles of Persistent’s Ethics Policy (for beneot of its employees and all other stakeholders like customers,
vendors and investors) and to establish a framework for its administration. The working of the Ethics Policy is monitored
by the Ethics Committee chaired by an Independent Director / Senior Ofocer nominated by the Board of Directors.
15. Fraud Risk Management Policy
The Company has proactively and voluntarily implemented the Fraud Risk Management Policy in the Company during
the onancial year 2016-17. The objective of this policy is to protect the brand, reputation and assets of the Company
from loss or damage resulting from any incidents of fraud or misconduct by employees or other stakeholders of the
Company.
16. Awards and recognitions for Corporate Governance for the year 2015-16.
The Company won several awards and recognitions for Corporate Governance during the onancial year 2016-17,
the details of which forms part of the Report of the Directors.
17. Secretarial standards
The Ministry of Corporate Affairs notioed the Secretarial Standard on Meetings of the Board of Directors (SS – 1) and
Secretarial Standard on General Meetings (SS – 2) on July 1, 2015. Your Company complies with the same.
The Company will comply with the other Secretarial Standards issued by the Institute of Company Secretaries of India
(ICSI) as and when they are made mandatory.
18. Corporate Governance Voluntary Guidelines, 2009
The Company follows the Corporate Governance Voluntary Guidelines, 2009 issued by the Ministry of Corporate Affairs.
19. Vendor Code of Conduct
In line with the best international governance practices, the Company has prepared the Vendor Code of Conduct that is
to be e[ecuted by all the vendors prior to providing their services to the Company. This Code ensures that the vendors
of the Company are following the relevant legal and regulatory compliances applicable to them while working with the
Company and are performing the acceptable business conduct while doing business with or on behalf of the Company.
20. Best Corporate Governance practices
A. Investors Day
The Company celebrated its 7 th Annual Investors Day on Friday, December 16, 2016. Annual Investor Day is
a complimentary one-day event to inform retail as well as institutional investors on the Company’s road map ahead.
The Company’s future plans, business insights are conveyed to the Investor Community as a whole for better
understanding of the Company’s business model, revenue / growth model and opportunities for the Company and the
IT sector as a whole in the times to come.
B. Investors Website
Pursuant to the requirements of the Companies Act, 2013 and the /isting Regulations, the Company has revamped its
Investor relations website for providing all the necessary information required by the various stakeholders. Share price
movement chart / data, onancials of the Company and all press releases are uploaded on the Company’s website at
' for the easy access and analysis of the investors.
21. Other Matters
Shareholders holding shares in physical form are requested to notify to /ink Intime India Private /imited, Registrar and
Share Transfer Agent about any change in their address and Bank Account details under the signature of sole / orst joint
holder. Beneocial owners of shares in demat form are requested to send their instructions regarding change of name,
change of address, bank details, nomination, power of attorney, if any, etc., directly to their Depository Participants (DP)
as the same are maintained by the respective DPs.