1. The main objective of this Policy is to ensure sustainable business growth with stability and to promote a pro-active approach in reporting, evaluating and resolving risks associated with the Company’s business.
2. In order to achieve the key objective, this Policy establishes a structured and disciplined approach to Risk Management, in order to guide decisions on risk related issues.
3. To ensure that all the current and future material risk exposures of the Company - are identified, assessed, quantified, appropriately mitigated, minimized and managed i.e. to ensure adequate systems for risk management.
4. To establish a framework for the company’s risk management process and to ensure its implementation.
5. To enable compliance with appropriate regulations, wherever applicable, through the adoption of best practices.
6. To assure business growth with financial stability.