Jubilant is a professionally managed company stressing on ethical and transparent governance. In the Company’s Board of Directors, 7 out of 11 members are independent Directors.

The Corporate Governance principles of the company are:-

• Caring for the environment which includes caring for the society around us.

• Enhancement of stakeholders value through pursuit of excellence, efficiency of operations, quest for growth and continuous innovation.

• Transparency, promptness and fairness in disclosures to an communication with all stakeholders including shareholders,  government authorities, customers, suppliers, lenders, employees and the community at large.

• Comply with laws in letter as well as in spirit.

Our vision is driven by our Values, which are:

• teamwork to inspire confidence

• efficiency to create and provide best value to customers

• know how to provide innovative solutions

• delivery to provide excellent quality of products and services

The highlights of Jubilant’s Corporate Governance Regime are:

• Broad based and well-represented Board with a fair representation of executive, non-executive and independence directors with more than three-fourths of the board being non-promoters.

• Constitution of several Committees  such as Audit Committee, Remuneration Committee, Investors Grievance committee etc. for more focused attention.

• Established Codes of Conduct for Directors and Senior Management as also for other employees. Instituted Whistle-blower policy and Code of Conduct for Prevention of Insider Trading.

• Focus on hiring, retaining and nurturing best talent and to promote a culture of excellence across the organization. Exhaustive HRD Policies cover succession planning, training and development, employees grievance handling.

• Organisation wise ‘Velocity” initiatives taken which include world-class improvement mythologies such as Six Sigma, Lean and World Class manufacturing.

• Exhaustive and unique system of internal controls spanning over 1800 control points mentioned through especially designed software. The Company has voluntarily completed the documentation required as per Sarbanes-Oxiety Act.

• Robust Risk Management framework for identifying various risks, assessing their probability as well as likely impact and finalizing risk minimization plans.

• Regular communication with shareholders including through mailing of quarterly results along with Chairman’s message, e-mailing of quarterly results just after release to Stock Exchange, obtaining regular and also online feedbacks from shareholders.

• Comprehensive Corporate Sustainability Management System focusing on triple bottom-line reporting on economic, environment and social parameters as per Global Reporting Initiative standards with a stated policy on Sustainability.

The Corporate Governance practices of the company are now being recognized by the Society. Jubilant was selected as one of the top 25 companies for Institute of Company, Secretaries of India National Award for Excellence in Corporate Governance, 2006. Similarly, Institute of Directors selected the Company as Finalist in the Golden Peacock Award for Excellence in Corporate Governance, 2006.