Corporate Governance

Matter of Business & Affairs

Corporate Governance is the process and structure by which the business and affairs of a corporate entity are directed and managed. It serves as a powerful tool for transparent, prudent and participative management.

Automotive Axles Ltd believes that transparent accounting policies, appropriate disclosure norms, best-in-class board practices and consistently high standards of corporate conduct are essential for sustained corporate growth. The Company aims at maximizing the value of all the stakeholders by practising good and ethical commercial practices and fulfilling the social responsibility.

Our Corporate Governance philosophy includes the following:

• Adoption of best management practices which contribute to the overall development of the organisation.
• Corporate Social Responsibility is considered as a Core Value at the Company and is not looked at as a Philanthropy
• Adherence to the spirit of the law and not only comply it in letter.