IndianOil remains true to the belief that good Corporate Governance practices lead
to efficient running of the Company and help in optimising value for all its stakeholders.
The Company has been making an effort to uphold the principles of Corporate Governance
to ensure transparency, integrity and accountability in its functioning - elements
that are vital to achieve its vision of becoming a major diversified, transnational,
integrated energy company.
With the adoption of (a) Code of conduct for Directors and senior management personnel,
(b) Code of conduct for prevention of insider trading and (c) Policy on risk assessment
and minimising procedures, the Company has further enhanced its commitment towards
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