Page 116 - Arvind 2024

9. Open-ness of business: Provide details of concentration of purchases and sales with trading houses, dealers, and related parties along-with loans and advances & investments, with related parties, in the following format:
Parameter
Metrics
FY 2023 – 2024 (Current Financial Year)
FY 2022-2023 (Previous Financial Year)
0
0
100
0
0
0
0
0
9
75
Concentration of Purchases
Concentration of Sales
Share of RPTs in
a. Purchases from trading houses as % of total 0 purchases
b. Number of trading houses where purchases 0 are made from
c. Purchases from top 10 trading houses as % 0 of total purchases from trading houses
a. Sales to dealers / distributors as % of total 0 sales
b. Number of dealers / distributors to whom 0 sales are made
c. Sales to top 10 dealers / distributors as % of 0 total sales to dealers / distributors
a. Purchases (Purchases with related parties / 0 Total Purchases)
b. Sales (Sales to related parties / Total Sales) 30 c. Loans & advances (Loans & advances given 100
to related parties / Total loans & advances)
d. Investments ( Investments in related parties 76
/ Total Investments made)
Leadership indicators
1. Awareness programmes conducted for value chain partners on any of the Principles during the financial year:
0 NA 0
2. Details about the processes in place to avoid/ manage conflict of interests involving members of the Board.:
a. Does the entity have processes in place to avoid/ manage conflict of interests involving members of the Board:
Yes
b. If yes, provide details of the same.:
We have a Code of Conduct for Directors and Senior Management Personnel. Accordingly, each Board Member or Senior Management Personnel should endeavour to avoid having his or her private interests interfere with (i) the interests of the Company or (ii) his or her ability to perform his or her duties and responsibilities objectively and effectively. Board Members and Senior Management Personnel should avoid receiving or permitting members of their immediate family to receive, improper personal benefits from the Company including loans from or guarantees of obligations by the Company. A Board
Member should make a full disclosure to the entire Board of any transaction or relationship that such a Board Member reasonably expects could give rise to an actual conflict of interest with the Company and seek the Board’s authorisation to pursue such transactions or relationships.
Total number of awareness programmes held
Topics / principles covered under the training
%age of value chain partners covered (by value of business done with such partners) under the awareness programmes
114 | Arvind SmartSpaces Limited