Page 34 - Chambal SR_2015-16

Accountability Framework both economic and social implications. We also
believe that corporate governance goes beyond the
practices enshrined in law and encompasses basic
We are committed to maintaining high standards business ethics and values that need to be adhered
of corporate conduct towards all our stakeholders to in letter and spirit.
including shareholders, customers, employees and
society in general. We have always focused on good For us, corporate governance is not limited to
corporate governance practices, which are a key merely creating checks and balances. It is more
driver of sustainable corporate growth and long- about creating organizational excellence leading
term value creation for our shareholders. We believe to increase in employee and customer satisfaction,
that corporate governance aligns the interests of and shareholder value. We believe in leveraging
individuals, corporations and society, and integrates our resources to translate opportunities into reality,
all the stakeholders involved in a process, which has creating awareness of our corporate vision and

34