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Black Buck Technologies firmly believes that good corporate governance leads to an environment built on the foundation of trust, transparency, and accountability. Good governance practices are necessary for fostering long-term investments, financial stability, and business integrity for enabling persistent growth as well as more inclusive societies.

 

We strictly follow the Indian corporate governance framework which focuses on:

  • Protection of minority shareholders
  • Accountability of the board of directors and management of the company
  • Timely reporting and adequate disclosure to shareholders; and
  • Corporate social responsibility

The regime emphasizes transparency through disclosures and a mandatory minimum proportion of independent directors on the board of each company.

 

The corporate governance regulatory framework is composed of statutes and regulations that require supervision by multiple regulators:

  • The Securities and Exchange Board of India (SEBI) is the regulatory and nodal body for listed/unlisted companies.
  • The ministry of Corporate Affairs (MCA) and the registrar of companies (Registrar) administer the companies Act 2013 and the relevant rules that apply to all companies
  • Additionally, sector-specific regulation also applies, and this can have a significant impact on the governance regime.

 

We make efforts to sustain and encourage the principles of corporate governance to balance all the segments that are vital for the realization of organizational goals through ethics. We strive to optimize value for all our shareholders and remain true to the policies of corporate governance.