JSL Code of Conduct outlines expected behaviors for all JSL directors, officers and employees.
JSL commits itself to be bound by this Code of Conduct and at the same time requires all personnel to know,
understand and comply with this JSL Code of Conduct. Introducing the JSL way In our personal lives, on day
to day basis, we are faced with difficult situation to take decisions based on our experience, upbringing,
beliefs and prevailing law. In our working life, we are faced with similar situation and might wonder how
we should conduct ourselves to ensure that we live upto JSL value. To facilitate and to steer through such
situations JSL Code of Conduct has been compiled, which please take some time to read it and keep it handy
for future reference. JSL Code of Conduct sets forth standards by which all JSL employees, officers and
directors must abide as they work for the Company. We at JSL expect you to follow the Code of Conduct strictly
and failure to do so may result in disciplinary action, which may include dismissal and involve potential
criminal and civil liability.
JSL shall conduct its business fairly, impartially, in an ethical, efficient and transparent manner,
and in full compliance with all applicable laws, regulations and in accordance with the policies,
objectives and priorities of the Nation’s Government. JSL shall not undertake any project or activity
that would have any adverse effect on the objectives of the Company or be detriment to the Nation’s interest.
In conducting its business, integrity must underline all company relationships and therefore sound business
practice requires that business decisions give due consideration to the interests of all stakeholders.
In making business decisions, JSL employees, officers and directors must act on an informed basis,
in good faith, and in the honest belief that the action taken is in the best interest of the Company.
Quality of Product and Services
JSL products and services shall be of the highest quality standards backed by efficient project management
skills consistent with the requirements of the customers to ensure their total satisfaction. JSL products
and services shall endeavor to meet the required national and international standards. It is the policy of
JSL to continually seek to minimize the environmental impact of its products, services and operations.
JSL is committed to a policy of recruiting, hiring, training, promoting and otherwise treating applicants,
employees without discrimination based on their race, religion, sex, age or other factors that are unrelated
to the legitimate business interest of JSL. JSL shall provide equal opportunity to all its employees without
regard to their religion, sex and nationality. All JSL employees shall be treated with dignity and self-respect
and work environment shall be free from any tension or harassment. JSL shall ensure to administer employee policies
and practices in an unbiased approach and equal opportunity is provided and the decisions are merit-based.
It is the policy of JSL to adopt sound labour and employment practices and to treat its employees at all times
in accordance with the applicable laws and regulations of the countries and regions in which it operates.
JSL employees will ensure that : They do not engage in any activity that might create a conflict of interest
for the Company or for themselves individually. They do not take advantage of their position to seek personal
gain through the inappropriate use of JSL or non-public information or abuse of their position including engaging
in insider trading.
Financial Reporting and Records
All records, recordation and reporting of information including but not limited to books of account and other
financial information must be prepared and maintained accurately in accordance with the accounting and
financial reporting standards. Internal accounting and audit procedures shall fairly and accurately reflect
all JSL’s business transactions. JSL is committed to enhance the shareholder value and to make various disclosures
to the public in accordance with applicable securities laws and regulations. JSL have a responsibility to
ensure that such disclosures and information are full, fair, accurate, timely and understandable and in compliance
with the disclosure norms.
Gifts and Donations
JSL employees must not abuse their official position for personal gain. They must not solicit or accept gifts,
rewards or benefits which might compromise or be seen to compromise their integrity and the integrity of their
department/company. As a general rule a JSL employee should not accept a gift if the gift could be seen by
others as either an inducement or a reward which might place the employee under an obligation to a third party.
Health Safty and Environment
JSL will strive to maintain a healthy, safe and productive work environment that is free from discrimination
or harassment. At JSL safety in the work place is a primary concern and all personnel must adhere to all
applicable health and safety laws and regulations as well as internal safety policy.
Securities, Transactions and Confidential Information
Trading in JSL’s securities based on inside information is both unethical and illegal. JSL employees, officers
and directors and their immediate family members shall not drive any benefit while possessing “material non-public
information”. Information is a valuable corporate asset and therefore, JSL employees, officers and directors
will safeguard its own confidential and proprietary information as well as information that suppliers, business
partners or customers entrust to JSL. Generally speaking confidential and proprietary information is information
that has not been disclosed to the general public or that gives an enterprise an advantage over its competitors
or that could harm an enterprise if released prematurely or inappropriately. Duty to maintain the confidentiality
of non-public information continues indefinitely, even after you are no longer employed or associated with JSL.
Related Party Disclosures
The Senior Management Personnel shall make disclosure of related party transactions to the Managing Director
in the format as provided in Appendix I.
The Senior Management Personnel shall affirm compliance of this code within 30 days of close of every financial
year. The Annual Report of the Company shall contain a declaration to this effect signed by the Managing Director.
A proforma of Annual Compliance Report is as provided in Appendix II.