Comprehensive Policies & Procedures for All Major Activities for effective business operations with governance.

Delegation of Power with Authority Limits for ease of decision-making, and both long- and short-term business planning.

Effective Management of Financial Control through Annual Budgeting process, which is monitored through monthly review for all operating & service functions.

Advanced ERP System for documenting data for accounting, consolidation & management information purposes, connected to different locations for efficient information sharing, in line with international best practices.

Well-defined Online Compliance Management System covers seamless integration of technology with laws and provides detailed coverage of all laws and their compliance with respect to each business.

Multidisciplinary Management Audit & Assurance Services (MA&AS) led by professionally qualified accountants, engineers and SAP-experienced executives, for undertaking extensive audit throughout the year across all functional areas; submitting reports to Management and Audit Committee on compliance with internal controls along with efficiency and effectiveness of operations and key process risks. MA&AS follows Risk-Based Annual Internal Audit Plan, which is reviewed & approved by the Audit Committee of the Board.

Web-enabled Internal Audit Processes, Managed On-line by Audit Management System (AMS) ensures conduct of internal audit as per auditing standards for reviewing effectiveness of internal control systems & procedures to manage risks and their compliance and to also recommend improvements in processes and procedure. Execution of audit plan and adequacy & effectiveness of internal audit systems are reviewed regularly by Board-level Audit Committee, which also monitors implementation of internal audit recommendations, including those relating to strengthening of the Company’s risk management framework.