Good corporate governance is about internalizing and manifesting a firm commitment to adopting ethical practices across the company to deliver value in all of its dealings with a broad group of stakeholders encompassing associates, customers, vendors, regulators, and shareholders at all times. It is in this background that the company wholeheartedly embraces good governance practices. The company believes that corporate governance is an integral means of its existence. It ensures adherence to moral and ethical values, legal and regulatory frameworks, and the adoption of good practices beyond the realms of law.

Corporate governance is a system of structuring, operating, guiding, and directing a company; corporate governance facilitates effective, entrepreneurial, and prudent management that can deliver the company's long-term success. It is a continuous process by which the company's values, principles, management policies, and procedures are inculcated and manifested.