The Company is committed to follow to the highest ideals of ethical, moral and legal conduct of business operations. To maintain these standards, the Company reassures its employees who have concerns about suspected misconduct to come forward and express these concerns without fear of penalty or unfair treatment. This policy aims to provide an opportunity for employees to raise concerns on any violations of legal or regulatory requirements, incorrect or misrepresentation of any financial statements and reports, etc.
Under the mentioned policy various stakeholders are eligible to make protected Disclosures. These stakeholders may be broadly categorized as follows
The Whistleblower policy intends to provide a medium to voice serious concerns that could have grave impact on the operations and performance of the business of the Company.
The Policy covers mismanagements and events which have taken place/ suspected to take place involving:
To ensure that this Policy is followed to, and to assure that the concern will be acted upon seriously, the Company will:
All Protected Disclosures should be addressed to the Ethics Officer of the Company or to the Chairman of the Audit Committee in exceptional cases. Protected Disclosure against the Ethics Officer should be addressed to the Chairman of the Company and the Protected Disclosure against the Chairman of the Company should be addressed to the Chairman of the Audit Committee. The contact details of Ethics Officer and Chairman of the Audit Committee are as follows.
Name & Address of Ethics Officer :
Mr. Sandeep Menon
Vastu Housing Finance Corporation Limited
A-203, Navbharat Estates,
Barrister Nath Pai Marg, Azad Nagar,
Sewri, Mumbai, Maharashtra 400015.
Name & Address of Chairman of the Audit Committee :
Mr. Vijay Kumar
B-3/42, Safdurjang Enclave,
New Delhi - 110029.
For the purpose of providing protection to the Whistle Blower, the Whistle Blower should disclose his/her identity in the covering letter forwarding such Protected Disclosure. The policy does not cover anonymous letters and complaints.
If you face any retaliatory action or threats of retaliatory action as a result of making a Disclosure, please inform in writing immediately. He/She will take cognizance of each and every such complaint/feedback received and investigate the same accordingly and may also recommend appropriate steps to protect you from exposure to such retaliatory action and ensure implementation of such steps for your protection.
All documents related to reporting, investigation and enforcement pursuant to this Policy shall be kept in accordance with the Company as per the applicable law.