The Board of Directors
has the important role of overseeing management’s
performance on behalf of the stakeholders.
Except the Chairman all other
Directors on the Board are Independent Directors with
rich experience and expertise in the areas of management,
banking, finance, administration and law.
Code of Conduct
The Board of Directors has approved and adopted a Code
of Conduct for the members of the Board and Senior management
of the Company. This code helps to maintain the standards
of business conduct for Winsome Diamonds And Jewellery Limited and ensures compliance
with legal requirements, particularly the requirements
under clause 49 of the Listing Agreement with Stock
here to Download The Code Of Conduct
To ensure a transparent and fair administration, the
Company is having a Governance Structure that provides
for checks and balances throughout its operations.
The Audit Committee is headed by an
Independent Director and supported by professional Internal
Auditors, interalia, provides re assurance to the Board
on the effective internal control and compliance environment
- Efficiency and effectiveness of operations both
domestic and overseas.
- Reliability of financial and management information
and adequacy of disclosures.
- Safeguarding of assets.
- Compliance with relevant statutes.
The Shareholders’/Investors’ Grievance
Committee functions with the objective of looking
into redressal of Shareholders’ and Investors’
grievances relating to non receipt of dividend, Annual
Report, transfer of shares etc. The Company has taken
all steps to ensure that shareholders’ grievances
are given high priority and are resolved at the earliest.
Internal Control System
The Company has adequate internal control procedure
commensurate with its size and nature of the business.
The internal control system is supplemented by extensive
internal audits, regular reviews by management and
well-documented policies and guidelines to ensure
reliability of financial and all other records to
prepare financial statements and other data. Moreover,
the Company continuously upgrades these systems in
line with best accounting practices. The Company has
independent audit systems to monitor the entire operations
and the Audit Committee of the Board review the findings
and recommendations of the internal auditors.
Prevention of Insider Trading
The Board of Directors of the Company has adopted a code of
conduct of Winsome Diamonds And Jewellery Limited in accordance
with SEBI (Prohibition of Insider Trading Regulations, 2015)
for prevention of insider trading in the shares of the Company.
Insider Trading Code