Corporate governance encompasses the manner in which corporations are governed, directed and controlled. The governance structure lays down the manner in which rights and responsibilities are distributed among stakeholders and involves a set of relationships between them. Corporate governance at the Aditya Birla Group is a continuing process. The Group is committed to the adoption of best governance practices and their adherence in true spirit at all times. Your company strives to achieve excellence in corporate governance through its values – Integrity, Commitment, Passion, Seamlessness and Speed. The company is in full compliance with the requirements under Clause 49 of the listing agreement with the stock exchanges.