Businesses should conduct and govern themselves with integrity, and in a manner that is Ethical, Transparent and Accountable.
At Ambuja Cements, we strictly adhere to our core values, ensuring our team operates with transparency and diligence. We advocate for businesses to uphold integrity by conducting themselves ethically and transparently, with a strong emphasis on accountability. Our adherence to stringent anti-corruption and anti-bribery laws underscores our dedication to ethical business practices.
Our policies govern employee conduct, unequivocally prohibiting bribery, corruption, and unethical behaviours. We prioritise accountability and transparency throughout our operations, swiftly addressing any instances of non-compliance related to corruption, bribery, or anti-competitive practices. Ambuja Cements' human rights policy is aligned with globally recognised frameworks, reinforcing our commitment to ethical governance and responsible business conduct.
Zero
Charges of bribery/corruption
Zero
Complaints for anti- bribery and anti-corruption
Anti-corruption and Bribery policies
approved by the Board
Essential Indicators
1. Percentage coverage by
training and awareness programmes on any of the Principles during
the financial year:
|
Segment
|
Total
number of training and
awareness programmes
held
|
Topics / principles covered
under the training and its
impact
|
%age of persons in
respective category covered
by the awareness
programmes
|
|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Board
of Directors
|
8
|
Capital Market
Programme
|
25
|
|||||||||
|
Airport
Business
|
25
|
|||||||||||
|
ESG
Programme
|
12.5
|
|||||||||||
|
ESG
Global Trends
Programme
|
12.5
|
|||||||||||
|
Awareness about
Manufacturing Process, CSR
Activities, Jetty visit for Cement Business |
62.5
|
|||||||||||
|
Capital
Profile Programme
|
25
|
|||||||||||
|
Green
Hydrogen Programme
|
25
|
|||||||||||
|
Data
Centre Business
|
25
|
|||||||||||
|
Key
Managerial Personnel
|
8
|
Capital Market
Programme
|
33.33
|
|||||||||
|
Airport
Business
|
33.33
|
|||||||||||
|
ESG
Programme
|
33.33
|
|||||||||||
|
ESG
Global Trends
Programme
|
33.33
|
|||||||||||
|
Awareness about
Manufacturing Process, CSR
Activities, Jetty visit for Cement Business |
66.66
|
|||||||||||
|
Capital
Profile Programme
|
33.33
|
|||||||||||
|
Green
Hydrogen Programme
|
33.33
|
|||||||||||
|
Data
Centre Business
|
33.33
|
|||||||||||
|
Employees
other than BoD and
KMPs
|
1,763
|
1,118
|
100%
|
|||||||||
|
Workers
|
-
|
-
|
-
|
|||||||||
2. Details of fines /
penalties /punishment/ award/ compounding fees/ settlement amount
paid in proceedings (by the entity or by directors / KMPs) with
regulators/ law enforcement agencies/ judicial institutions, in the
financial year, in the following format (Note: the entity shall make
disclosures on the basis of materiality as specified in Regulation
30 of SEBI (Listing Obligations and Disclosure Obligations)
Regulations, 2015 and as disclosed on the entity’s website):
|
|
Monetary
|
||||
|---|---|---|---|---|---|
|
NGRBC
Principle
|
Name of the regulatory/
enforcement agencies/
judicial institutions
|
Amount
(In ₹)
|
Brief
of the Case
|
Has
an appeal been preferred?
(Yes/No)
|
|
|
Penalty/
Fine
|
0
|
0
|
0
|
0
|
0
|
|
Settlement
|
0
|
0
|
0
|
0
|
0
|
|
Settlement
|
0
|
0
|
0
|
0
|
0
|
|
Compounding
fee
|
0
|
0
|
0
|
0
|
0
|
|
|
Non-Monetary
|
|||
|---|---|---|---|---|
|
NGRBC
Principle
|
Name of the regulatory/
enforcement agencies/
judicial institutions
|
Brief
of the Case
|
Has
an appeal been preferred?
(Yes/No)
|
|
|
Imprisonment
|
0
|
0
|
0
|
0
|
|
Punishment
|
0
|
0
|
0
|
0
|
3. Of the instances
disclosed in Question 2 above, details of the Appeal/ Revision
preferred in cases where monetary or non-monetary action has been
appealed.
|
Case
Details
|
Name
of the regulatory/
enforcement agencies/
judicial institutions
|
|||
|---|---|---|---|---|
|
Delayed
appointment of Company
Secretary and Compliance
Officer under Regulation
6(1) of the SEBI Listing
Regulations.
|
Not
Applicable
|
|||
4. Does the entity have an
anti-corruption or anti-bribery policy? If yes, provide details in
brief and if available, provide a web-link to the policy.
https://www.ambujacement.com/Upload/PDF/5.-Ambuja-Anti-Corruption-and-Anti-Bribery-Policy-2023-06-06.pdf We strictly adhere to ethical business practices and comply with all applicable laws and regulations related to anti-corruption and anti-bribery. Our Anti-corruption and Anti-bribery policy govern our employees’ behaviour and prohibits any form of bribery, corruption, and unethical practices. We prioritise accountability and transparency in all our operations and take strict action against any non-compliance cases related to corruption, bribery, and anti-competitive behaviour.
5. Number of
Directors/KMPs/employees/workers against whom disciplinary action
was taken by any law enforcement agency for the charges of bribery/
corruption:
|
|
FY 2023-24 (Current
Financial Year)
|
FY Jan 2022-Mar 2023*
(Previous Financial Year) |
|---|---|---|
|
Directors
|
0
|
0
|
|
KMPs
|
0
|
0
|
|
Employees
|
0
|
0
|
|
Workers
|
0
|
0
|
* The company had changed its final year end from December to March FY 23. Therefore, the figure for FY 23 is for 15 months.
6. Details of complaints
with regard to conflict of interest:
|
|
FY 2023-24
(Current Financial Year) |
FY Jan 2022-Mar 2023*
(Previous Financial Year) |
||
|---|---|---|---|---|
|
Number
|
Remarks
|
Number
|
Remarks
|
|
|
Number of complaints
received in relation to
issues of Conflict of Interest of the Directors |
0
|
NA
|
0
|
NA
|
|
Number
of complaints received in
relation to
issues of Conflict of Interest of the KMPs |
0
|
NA
|
0
|
NA
|
* The company had changed its final year end from December to March FY 23. Therefore, the figure for FY 23 is for 15 months.
7. Provide details of any
corrective action taken or underway on issues related to fines /
penalties / action taken by regulators/ law enforcement agencies/
judicial institutions, on cases of corruption and conflicts of
interest.
Not Applicable
8. Number of days of
accounts payables (Accounts payable*365/cost of goods/services
procured) in the following format:
|
|
Apr2023-Mar24
(Current Financial Year) |
Jan 2022-Mar23
(Previous Financial Year) |
|---|---|---|
|
Number
of days of accounts
payable
|
36
|
43
|
9. Open-ness of business
Provide details of concentration of purchases and sales with trading houses, dealers, and related parties along with loans and advances & investments, with related parties, in the following format:
|
Parameter
|
Metrics
|
FY 2023-24
(Current Financial Year) |
FY 2022-23
(Previous Financial Year) |
|---|---|---|---|
|
Concentration
of purchases
|
a.
Purchases from trading
houses as % of total
purchases
|
NIL
|
NIL
|
|
b.
Number of trading houses
where purchases are
made
|
NIL
|
NIL
|
|
|
c.
Purchases from top 10
trading houses as % of total
purchases from trading
houses
|
NIL
|
NIL
|
|
|
Concentration
of Sales
|
a.
Sales to
dealers/distributors as % of
total sales
|
72%
|
77%
|
|
b.
Number of
dealers/distributors to whom
sales are made
|
11,514
|
11,263
|
|
|
c.
Purchases from top 10
trading houses as % of total
purchases from trading
houses
|
4%
|
4%
|
|
|
Share of RPTs in
|
a.
Purchases (Purchases with
related parties/total
purchases)
|
96%
|
95%
|
|
b. Sales (Sales to related
parties/Total Sales)
|
15%
|
11%
|
|
|
c.
Loans & advances (Loans
& Advances given to
related parties/Total loans
& advances)
|
100%
|
29%
|
|
|
d.
Investments (Investments in
related parties/Total
Investments made)
|
100%
|
100%
|