POLICY ON RELATED PARTY TRANSACTIONS
As a general rule, company directors and senior management personnel shall avoid conducting company business with related parties and the employment of related parties in positions having financial influence. Should the company need to enter into any contract or arrangement with a Related Party, it will be with the prior approval of the Audit Committee.
Transactions with related party shall be conducted adopting normal system & procedure of the company applicable on that transaction as if they are entered with unrelated party.
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