Background

Value Proposition & Ethics

VALUE PROPOSITION

We at Kushal Landmarks take responsibility for our actions and virtually live by our values. Over the years we have grown to a respectable position by our clear set goals, achieved in measurable results.

A genuine effort is always put in to ensure that we create enhanced value residences for our customers, a promised growth to our investors, a satisfied role to our employees & an equally responsible commitment to the society. We operate with enforced discipline and high standards to emerge as a solid & trustful organization.

Being truthful, responsible, diverse, caring and respectful are core values of our functions.

Background

Model Code of Conduct for the Board Members

    To act in accordance with the highest standard of personal and professional integrity, honesty and ethical conduct in the discharge of duties and promote professionalism in the Company.
    To stay abreast of the affairs of the Company and be kept of the Company’s compliance with relevant laws, rules and regulations.
    To exercise independent judgment on issues of strategy, performance, policy matters etc.
    To avoid and disclose actual and apparent conflicts of personal interest with the interest of the Company and to disclose all contractual interest, whether directly or indirectly, with the Company
      To inform the Company immediately about emergence of any situation that may disqualify him from Directorship.
      To maintain confidentiality of the Company’s business. Not to accept any offer, payment or anything of value from customers, vendors, consultants, etc. that is perceived as intended, directly or indirectly, to influence any business decision.
      Not to hold any office or place of profit in the Company by himself or by his relatives without full disclosure of information in connection therewith.
      Not to divert to his own advantage any business opportunity that the Company is in pursuit.
      Not to compete, whether directly or indirectly, with the Company.
      Not to charge personal expenses to the Company.

ETHICS

Corporate Governance: All Directors and Senior Management must act within the bounds of the authority conferred upon them and with a duty to make and enact informed decisions and policies in the best interests of the Company and its stakeholders. With a view to maintaining the high standards that the company requires, the following Rules should be observed in all activities of the Board.

All Directors shall conduct their activities, on behalf of the Company and on their personal behalf, with honesty, integrity and fairness. All Directors will act in good faith, responsibly, with due care, competence and diligence, without allowing their independent judgment to be subordinated. Directors will act in the best interests of the Company and fulfill the fiduciary obligations.
Directors on the Board of the Company shall not engage in any business, relationship or activity, which may be in conflict of interest of the company. Conflicts can arise in many situations. It is not possible to cover every possible conflict situation and at times it will not be easy to distinguish between proper and improper activity. Set forth are some of the common circumstances that may lead to a conflict of interest, actual or potential - a) Directors should not engage in any activity / employment that interferes with the performance or responsibility to the company or is otherwise in conflict with or prejudicial to the interest of the company. b) Directors and their relatives (as defined in sec 6 of the Companies Act 1956) should not make any investment or deal with anybody that compromises with their responsibility to the Company.
Directors are required to comply with all applicable laws, rules and regulations, both in letter and spirit. In order to assist the Company in promoting lawful and ethical behavior, Directors must officially report any possible violation of law, rules, regulations or the code of conduct.
Serving on the Boards of Directors of other companies may raise substantial concerns about potential conflict of interest; therefore, all directors must report/disclose such relationships to the Board. It is well accepted that service on the board of direct competitor is not in the interest of the Company.
Any information concerning the company’s business, its customers, suppliers etc. which is not in the public domain and to which the director has access or is in possession of such information, must be considered confidential and held in confidence. Unless authorised to do so and when disclosure is required as matter of law, no Director shall provide any information either formally or informally, to the press or any other public domain, unless specifically authorised.
Directors must protect the Company’s assets, resources and information and should not use these for personal use.
The board shall strive to provide a safe and healthy working environment and comply, in the conduct of its business affairs with all regulations regarding the preservation of the environment of the territory it operates in.
Once every year or upon revision of this code, every director most acknowledge and execute an understanding of the code and an agreement to comply.