The convergence of good corporate governance has been given an universal push by the recent global financial crisis, which brings to the fore the critical role played by the Board to ensure governance frame work enjoins for the higher level of transparency and effective governance standards to enhance the competitiveness and to protect long term interest of all stakeholders without compromising with laws and regulation At Catvision we are committed to the adoption of the best governance practices and its adherence in the true spirit, at all times. The Company’s philosophy on Corporate Governance is aimed at strengthening confidence among shareholders, customers and employees and ensuring a long-term relationship of trust by maintaining transparency and disclosures. This philosophy is backed by principles of concern, commitment, ethics, excellence and learning in all its acts and relationships with stakeholders, customers and associates. The objective of the Company is not only to meet the statutory requirements of the Code of Corporate Governance as prescribed under Clause 49 of the Listing Agreement, but to develop such systems and follow such practices and procedures as would make the management completely transparent and accountable in its interaction with employees, shareholders, lending institutions and its customers, thereby enhancing the shareholders’ value and protecting the interest of the shareholders.
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