Governance at Summit

At SDIPL, we believe that good corporate governance is the basis for an ethical and sustainable business. Your Company has adopted transparency, disclosure, accountability and ethics as its business practices. The management believes that these principles will enable us to achieve the long-term objectives and goals. Accordingly, the Company has made additional disclosures in this Report, though not mandated by law, to enable the investors to take informed investment decisions.

Your Company’s Ethical Governance Framework and Practices apply to all areas and functions of SDIPL and are extended to third party vendors working with and for SDIPL. The Ethical Governance Framework at SDIPL is primarily driven by Core Governance Policies viz. Code of Conduct, Anti-Bribery and Corruption Policy and Whistle-Blower Policy, accompanied by additional policies like Third Party Management Policy, Gift, Entertainment and Hospitality Policy, Interaction with Public Officials Policy, Conflict of Interest Policy, etc. in order to disseminate detailed principles and guidelines emanating from the core policies.

SDIPL has introduced a dedicated Ethical Hotline for employees and other stakeholders to report any actual or potential violation of SDIPL’s Code of Conduct or any unethical or illegal behaviours. Concurrently, to review and address the complaints, SDIPL has also set up an Ethics Committee.