Over the years, MPCL has evolved into a company that upholds the core values of Integrity, Unity, and Excellence. Our unwavering commitment to these principles is reflected in our code of conduct and deeply embedded in our corporate culture. These values guide our business dealings with all stakeholders, including customers, employees, shareholders, public officials, and professionals.
We at MPCL take pride in inculcating an inclusive and a performance driven culture where our policies and procedures revolve around processes to retain, motivate and drive performance. The HR philosophy nurtures employees’ wellbeing, development of our people and their empowerment.
MPCL Code of Conduct sets out the Company’s objectives and its responsibilities to various stakeholders and the ethical standards required from its directors and employees to meet such objectives and responsibilities:
All transactions should be accurately reflected according to accounting principles in the books of accounts. Falsification of its books, any of the recorded bank accounts and transactions are strictly prohibited.
The Directors and employees of the Company recognize that in the course of performing their duties, they may be out into a position where there is a conflict in the performance of such duty and a personal interest they may have. It is the overriding intention of the Company that all business transactions conducted by it be on arm’s length basis.
Compliance with all applicable laws, regulations, directives and rules including those issued by the Board of Directors and the management.
Confidentiality of the Company’s internal confidential information must be maintained and upheld, which includes proprietary, technical, business, financial, joint venture, customer and employee information that is not available publicly.
The Company shall deal with the Government officials fairly and honestly and within the ambit of the applicable laws, in order to uphold the corporate image of the Company.
The directors and the employees of the Company shall ensure that they adopt efficient and productive time management schedules.
The directors and employees will strive to promote honesty, integrity and fairness in all aspects of its business and its dealings with vendors, contractors, customers, joint venture partners and Government officials.
The directors and employees shall not give or accept gifts, entertainment or any other personal benefit or privilege that could influence business dealings
Every director and employee who has knowledge of confidential material information is prohibited from trading in securities of the Company to which the information relates.
The Company, its directors and employees will endeavor to exercise a systematic approach to health, safety and environmental management in order to achieve continuous performance improvement.
The Company shall not make payments or other contributions to political parties and organizations. Employees must ensure that if they elect to take part in any form of political activity in their spare time, such activity does not and will not have any adverse effects on the Company and such activities must be within the legally permissible limits.
It is the policy of the Company to provide employment opportunities without regard to race, religion, colour, age or disability subject to suitability for the job.
All Company directors and employees must understand and adhere to the Company’s business practices and Code of Conduct. They must commit to individual conduct in accordance with the Company’s business practices and Code of Conduct and observe both the spirit and the letter of the Code in their dealings on the Company’s behalf.
Failure to adhere to the Company’s business practices or Code of Conduct may result in disciplinary action, which could include dismissal.