1. We shall be an equal opportunity employer. We shall not discriminate between people based on their religion, gender, race, color and language.

2. We shall commit what we can deliver and deliver what we have committed.

3. We shall not, through any action or communication, change customer expectations from existing and agreed contract.

4. We shall not use any means to promote our products other than quality of product, service, delivery capability and price advantage.

5. We shall not use any customer specific information we have gained in the course of our business, to our customer’s detriment or to unduly influence business outcomes.

6. We shall abide by all aspect of the statutory and regulatory framework established by the government.

7. We shall consider merit as the sole differentiation in our business with our suppliers.

8. We shall not undertake any political activities nor take sides with any political entity.

9. We shall abide by all laws and cooperate in the conveyance of justice in case the need arises.

10. We shall never ask any of our people, singly or jointly, to engage in any activity, which subverts common business conduct, in order to garner undue advantage vis-à-vis our competitors.

11. We shall never, by words or by action, deride our competitors or use our knowledge of their processes to prejudice customers.

12. We shall not agree to any considerations, in any transactions, other than that contracted in the course of our business.

13. We shall maintain our books of accounts transparently and comply with good accounting practices.

Siddhi Forging Industry aims to be the leader in forging industry by adopting the latest technology and is committed to deliver highest value to all the stakeholders.It undertakes to effectively implement in consultation and with participation of its workers to continually improve Safety, Health, Environment and Quality (SHEQ) Management System. Siddhi Forging Industry commits to comply with all applicable legal & other requirements”.

OBJECTIVES:

• Focus on customers by providing quality products and on-time delivery
• Increase revenue and reduce rework & rejection
• Prevent injury, pollution and ill health

The Objectives of the Policy include:
i. Board to drive diversity and have an appropriate blend of functional and industry expertise;
ii. While recommending the appointment of a Director to, inter alia, consider the manner in
which the function and domain expertise of the individual contributes to the overall skill
domain mix of the Board;
iii. To help the Company build a better Board that can draw upon a wide range of perspectives,
expertise, knowledge and experience;
iv. To achieve an optimum and balanced Board, with a wide range of attributes;
v. To encourage healthy and open discussion and promote independence of judgement in
Board and Committee deliberations; and
vi. To have an optimum mix of Executive, Non-Executive and Independent Directors, including
Women Directors.

The Risk Management Committee shall ensure effective implementation of the Policy of
the Company. This shall include :
(i) putting in place risk management frameworks and processes;
(ii) identifying risks and promoting a pro-active approach to treating such risks;
(iii) conducting regular risk assessments;
(iv) allocating adequate resources to mitigate and manage risks and minimize their
adverse impact on outcomes;
(v) striving towards strengthening the risk management system through continuous
learning and improvement;
(vi) delineating business continuity processes and disaster management plans for
unforeseen exigencies and providing clear and strong basis for informed
decision making at all levels of the organisation;
(vii) deploying strategies and methods to reduce the severity of risks;
(viii) complying with all relevant laws and regulations across its areas of operation;
(ix) communicating the Policy to the required stakeholders through suitable means
and periodically reviewing its relevance in a dynamic business environment; and
(x) creating a favourable atmosphere for auditors to report and highlight any
instances of non-compliance or non-adherence to the devised risk mitigation
procedures and processes.