1.         Introduction:-

This Code of Conduct for Board Members and Senior Management of the Company (hereinafter  referred to as " the Code" ) helps maintain the standards of  business conduct for V.S.T.TILLERS TRACTORS LIMITED (herein   after  referred to as "the Company") & ensure compliance with legal requirements of all the applicable laws.  The purpose of the code is to deter wrongdoing and promote ethical conduct.

2.         Applicability:-

The Code applies to the Board Members and Senior Management of the Company.  All these persons are expected to abide by this code & any violation of this Code of Conduct may result in taking disciplinary action. 

Explanation: The term 'Senior Management' shall mean personnel of the Company who are members of the Core management team excluding Board of Directors normally this would comprise all members of management one level below the executive directors including all functional heads.

3.      V.S.T.TILLERS TRACTORS LIMITED Code of Conduct for Board Members and Senior Management of the Company.

I.       Principle of Professional & Personal Integrity:- 
 

a)     Act with honesty and integrity, avoid actual or apparent conflicts of interest in personal and professional relationships.

b)      Confidential information acquired in the course of one's work will not be used for personal advantage.

c)      Achieve responsible use of and control over all assets and resources employed or entrusted.

II.     Principle of Propriety and Relevance of Information:-

a)     Provide all stakeholders with information that is accurate, complete, objective, relevant, timely andunderstandable.

b)     Respect the confidentiality of information acquired in the course of one's work except when authorized or otherwise legally obligated to disclose.

III.    Principle of Compliance:-
 

a)     Comply with rules and regulations of all Public Authorities in all the geographies in which the Company operates.

IV.    Principle of Role models of Highest Standards of Corporate Governance:-
 

a)     Act in good faith, responsibly with due care, competence and diligence without misrepresenting material facts or allowing one's independent judgment to be subordinated.

b)      Share Knowledge and maintain skills important and relevant to stakeholders' needs.

c)      Proactively promote and be an example of ethical behavior as a responsible partner among peers, in the work environment and the community.