Corporate Governance

We have a robust internal policy framework in place. Below are our corporate governance policies:

• Healthy Board of Directors across all companies with periodic board meetings.
• National Governing Committees – Core Executive Committee, Compensation Committee to drive operational decision making.
• Advisory Board constituted for Capital Markets Business.
• Robust internal policy framework.
• Indian at heart and global in terms of internal governance standards.
• Healthy Business governance matrix with business owners for each sub-vertical / geography.
• Approval Matrix aligned with P&L matrix. Maker and Checker controls enabled in the system.
• SAP by Design Cloud ERP for finance – Ensure Robust transaction accounting, Robust Taxes, Automation and Maker and Checker for each transaction.
• Stringent and compliant Revenue recognition policies, where service completion and collectability are determined prior to revenue recognition.
• Aggressive Bad debt provision mechanism – Revenue uncollected beyond 90 days from due date is provided @ 50% of AR and beyond 120 days from due date @ 100% AR, thereby protecting P&L.
• Strong Legal & Compliance and Contracting framework.
• KPMG - Statutory Auditors.
• KPMG – Indirect Tax Compliance Advisors.
• NA Shah – Direct Tax Advisors.