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Investor>
Code of Conduct |
| CODE OF CONDUCT FOR BOARD
MEMBERS & SENIOR OFFICERS OF THE COMPANY |
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| Introduction |
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Mediaone
Global Entertainment Limited has a vision to provide viewers "Unique
media content with end to end solution in Entertainment Industry
to compete globally." Mediaone's mission lies in positioning itself
in the Global Map by setting a benchmark for quality and innovative
content to discerning audience worldwide. |
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Mediaone’s
active involvement in Film Production, Distribution, Exhibition
(Theatres) and Events, enables it to become a standout in the Entertainment
Industry in providing the state of art technology to discerning
audience, enhancing viewership by thought provoking content, innovative
approach in distribution network, thereby enhancing shareholders
value and total customer satisfaction by its transparent governance
practices and disclosure norms with due respect to human values,
individual dignity, professional conduct and adherence to honesty
and integrity. |
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| Applicability |
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This Code
of Conduct is applicable to all “Directors”, (both executive and
non-executive Directors), “Senior Officers” meaning Senior Management
team comprising of members of the category of General Manager and
above, including all functional heads. |
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| The Code |
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Following
are the covenants of the Code of Conduct for board members and senior
officers in the management cadre of company :- |
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i.
Honesty & Integrity: All the Directors
and Senior Officers will endeavour to deal fairly with Honesty and
Integrity in carrying out their duties as Directors and Senior Officers
in all dealings on behalf Company and act in accordance with the
highest standards of personal and professional integrity and should
not accept any position or benefits, participate in any transaction
or business arrangement or otherwise act in a manner that creates
or appears to create a conflict of interest unless they makes full
disclosure of all facts and circumstances. |
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ii.
Ethical Conduct: Compliance with Laws, Rules and Regulations
Ethical business conduct is critical to our business. Officers are
expected to comply with all applicable laws, rules and regulations
including all laws prohibiting insider trading, engage in and promote
honest and ethical conduct and abide by the policies and procedures
that govern the conduct of the Company's business with the highest
standard of personal and professional veracity, honesty and ethical
conduct. |
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iii.
Confidential Information: All Directors / Senior Officers
have to secure, preserve, safeguard and use discreetly, confidential
information in the best interest of the Company and are responsible
for protecting Company's confidential and proprietary information
and shall not use the information for one's own benefits, directly
or indirectly or reveals to any third party including press, any
significant data or information not previously released to the public.
Significant data / information includes any major contracts for
goods and services, expenditure figures, business plans/ strategies,
legal disputes, any and all financial information, or any other
significant decisions, plans or other affairs of the Company, trade
secrets, processes, software, information on suppliers, competitors
etc. |
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iv.
Related Parties: Directors /Senior Officers should
avoid conducting company business in any significant way with a
relative (as defined in the Companies Act, 1956), or with a business
in which a close relative is associated. |
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v.
Exclusivity: Senior Officers are expected to devote their
full attention with integrity and honesty to the business interests
of the Company. They are prohibited from engaging in any activity
that interferes with his/her proper discharge of responsibilities
of the Company, or is in conflict with or prejudicial to the interests
of the Company. |
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vi.
Gratuities and Gifts: The Company’s policy prohibits
the receipt of gifts and gratuities, particularly from individuals
or firms with which the Company has business dealings. The only
exception is the receipt of complementary items that carry Company’s
name printed or embossed on it so as to clearly establish that it
is a sales promotional item. To the extent possible all such gifts
or hospitalities must be declined so as to ensure that Senior Officers
are not put in an obligatory position vis-à-vis the company customer,
supplier or trader. |
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vii.
Protection and Proper Use of Company's Assets:Senior Officers
are responsible for effective control and appropriate use of all
Company’s resources entrusted to them in the official discharge
of their duty. Company's assets should be used only for legitimate
business purposes. |
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viii.
Insider Trading:Directors / Senior Officers should abide
by company’s insider trading policy in compliance with the SEBI
(Prohibition of Insider Trading) Regulations 1992, as adopted by
the Board of Directors of the Company. |
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ix.
Anti Harassment Policy: The Senior Officers should adhere
to and facilitate effective functioning of the Company’s mechanism
for redressal of complaints of harassment of any nature as per laid
down policies and principles. |
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x.
Compliance with the Code: Any Senior Officer who knows
or suspect violation of applicable laws, rules or regulations or
this Code of Conduct, must immediately report such information to
the Personal Department. This will help safeguard company’s assets
and reputation. The Directors and Senior Officers shall read and
fully understand this Code and comply with the policies procedures
and principles contained therein. |
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xi.
Intellectual Rights: The Company recognizes and respects
intellectual property rights of any creation and hence does not
expect its Senior Officers to directly or indirectly involve in
any kind of intellectual property right violation. The Company expects
all its senior offices to protect Companies own intellectual properties
and bring to the notice of the Board any suspicion of unauthorized
use/ violation of Company’s intellectual property of any nature. |
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| Disclosure |
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It is company’s policy
to provide full, fair, accurate, timely and understandable disclosures
in reports and documents that we file with, or submit to any Public
Authority and in our other public communications. Senior Officers
must ensure that they and others under their control in the Company
comply with company’s disclosure controls and procedures. |
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| Waivers
and amendment of the Code |
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Any amendment or waiver
of any provision of this Code should be approved by the Board of
Directors of the Company and disclosed appropriately. |
