PRINCIPLE 7
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Businesses, When Engaging In Influencing Public And Regulatory Policy, Should Do So In A Manner That Is Responsible And Transparent

We consistently engage in multi-stakeholder interactions focused on addressing public policy and legislative matters. We approach all these engagements with the core values of honesty, integrity, and openness. Furthermore, we are dedicated to conducting these interactions in strict compliance with all applicable laws and regulations. We contribute constructively to developing frameworks that foster ethical business practices, environmental sustainability, and social responsibility.

Message from Our
Leadership

“As a socially responsible company, we cooperate with governments and other organisations directly and through bodies such as trade associations, to develop public policy and legislative matters. Our commitment lies in ensuring that these efforts align with the larger interests of society.”

Dev Bajpai Executive Director, Legal & Corporate Affairs and Company Secretary

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Affiliations with national/state level trade and industry chambers/associations

Nil

Instances of
anticompetitive conduct

Essential Indicators

EI-1. a. Number of affiliations with trade and industry chambers/associations.

We are affiliated with 12 trade and industry chambers/associations.

EI-1. b. List the top 10 trade and industry chambers/associations (determined based on the total members of such body) the entity is a member of/affiliated to

S. No Name of the trade and industry chambers/associations Reach of trade and industry chambers/associations (State/National)
1 Federation of Indian Chambers of Commerce and Industry (FICCI) National
2 Confederation of Indian Industry (CII) National
3 Associated Chambers of Commerce and Industry of India (ASSOCHAM) National
4 Indian Beauty and Hygiene Association (IBHA) National
5 Water Quality India Association (WQIA) National
6 Public Affairs Forum of India (PAFI) National
7 Indian Home & Personal Care Industry Association (IHPCIA) National
8 European Business Group, India National
9 Protein Food Nutrition Development Association of India (PFNDAI) National
10 Federation of Kutch Industrial Association State
11 Bengal Chamber of Commerce & Industry State
12 Bombay Chamber of Commerce & Industry State

EI-2. Provide details of corrective action taken or underway on any issues related to anticompetitive conduct by the entity, based on adverse orders from regulatory authorities.

During the year, there were no adverse orders from regulatory authorities relating to anti-competitive conduct.

S. No Name of authority Brief of the case Corrective action taken
1 Nil Nil Nil
Leadership Indicators

LI-1. Details of public policy positions advocated by the entity:

Public policy advocated Method resorted for such advocacy Whether information available in public domain? (Yes/No) Frequency of Review by Board (Annually/ Half yearly/ Quarterly / Others - please specify) Web Link, if available

We participate in multi-stakeholder engagements and, when relevant, respond to public consultations. Our approach to advocacy is guided by the Code of Business Principles (CoBP). The Code provides that any contact by us or our business associates with Government, legislators, regulators or NGOs must be done with honesty, integrity, openness and in compliance with applicable laws. Only authorised individuals can interact with these institutions. Prior internal approval is required for initiating any contact between us, our representatives, and officials, aimed at proactively addressing changes/suggestions to regulation or legislation.

We are represented in key industry and business associations. We perform policy advocacy in a transparent and responsible manner while engaging with all the authorities considering ours as well as the larger national interest.

No NA NA