Page 100 - Arvind 2024

13.6 Details of Material Subsidiaries:
Sr. No.
Name of material subsidiaries
Date of incorporation
Place of incorporation
Name of statutory auditors
Date of appointment of statutory auditors
1 Arvind Hebbal Homes Private 22-06-2011 Ahmedabad M/s. S R B C Co. & LLP 12-08-2022 Limited
13.7 The Company has not granted any loans and advances in the nature of loans to the firms or the companies in which directors are interested.
13.8 Vigil Mechanism / Whistle Blower Policy:
In staying true to our values of Strength, Performance and Passion and in line with our vision of being one of the most respected companies in India, the Company is committed to the high standards of Corporate Governance and stakeholder responsibility.
The Company has Vigil Mechanism / Whistleblower Policy (WB Policy) which provides a secured avenue to directors, employees, business associates and all other stakeholders of the company for raising their concerns against the unethical practices, if any. The WB Policy ensures that strict confidentiality is maintained whilst dealing with concerns and also that no discrimination will be meted out to any person for a genuinely raised concern.
Pursuant thereto, a dedicated helpline “Arvind Ethics Helpline” has been set up which is managed by an independent professional organization.
The Ethics Helpline can be contacted to report any suspected or confirmed incident of fraud /misconduct on: Website for complaints: www.in.kpmg.com/ethicshelpline/Arvind
Toll Free No.: 1800 200 8301
Dedicated Email ID: [email protected]
Whistle blower Committee has been constituted which looks into the complaints raised. The Committee reports to the Audit Committee.
No personnel have been denied access to the Chairman of the Audit Committee, for making complaint on any integrity issue.
13.9 Code of Conduct for Directors & Senior Management Personnel:
In terms of Regulation 17 of the Listing Regulations and Section 149 of the Companies Act, 2013, the Board of Directors of the Company has laid down a Code of Conduct for all Board Members and Senior Management Personnel of the Company. The said Code of Conduct has been posted on the website of the Company. The Board Members and Senior Management Personnel of the Company have affirmed compliance with the Code. The Managing Director & CEO of the Company has given a declaration to the Company that all the Board members and Senior Management Personnel of the Company have affirmed compliance with the Code.
13.10 CEO/CFO Certification:
The Managing Director & CEO and Chief Financial Officer (CFO) have issued certificate pursuant to the provisions of Regulation 17(8) of the Listing Regulations, certifying that the financial statements do not contain any materially untrue statement and these statements represent a true and fair view of the Company’s affair. The said certificate is annexed and forms a part of the Annual Report.
13.11 The Independent Directors have confirmed that they meet the criteria of “Independent Director” as stipulated under the Companies Act, 2013 and Listing Regulations.
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