COMPANY'S PHILOSOPHY ON CODE OF GOVERNANCE
The Company is committed to maintain high standards and continues to practise good Corporate Governance. The core principles of Corporate Governance are: (A) Lay emphasis on Integrity and Accountability, (B) Incorporate several practices aimed at a high level of business ethics and effective supervision and (C) Provide for enhancement of value for all stakeholders. FAG India's Corporate Governance conforms to all regulatory and legal requirements. The basic philosophy behind an endeavour towards better Corporate Governance is to achieve business excellence. This Corporate Governance Report sets out a description of FAG India's main Corporate Governance Practices.