The Policy will be termed as "Whistle Blower Policy of Hindustan Prefab Limited".
Hindustan Prefab Limited (hereinafter referred to as HPL) has introduced Whistle Blower Policy to ensure greater transparency in all aspects of HPL's functions, by formulating a procedure for persons to bring to the attention of HPL, incidents of improper activities without fear of victimization.
This policy is in addition to the CVC Policy/Guidelines on Whistle Blower.
This policy is applicable to the following:-
As a conscious and vigilant organization, HPL is committed to highest standards of professionalism, ethical, moral and legal business conduct. In its endeavor to provide its employee a secure and a fearless working environment, HPL has established the "Whistle Blower Policy".
The Policy is intended to cover malpractices or misconduct that have taken place or likely to take place which would affect the business/reputation of HPL including –
All steps will be taken to provide adequate safeguard against victimization of the employees who have reported a disclosure under the policy. HPL, as a policy, will condemn any kind of discrimination, harassment or any unfair treatment adopted against the Whistle Blower. Complete protection will be offered to Whistle Blowers against any unfair practice like retaliation, threat of termination/ suspension of service, disciplinary action, transfer, demotion, refusal of promotion, discrimination, biased behavior including any act of obstructing the Whistle Blower's right to continue to perform his duties/functions. Identity of the Whistle Blower will be totally confidential.
An annual report with the number of complaints received under the Policy and their outcome shall be placed before the Board of Directors of HPL.
The Board of Directors of HPL will have the right to amend or modify this Policy in whole or in part, at any time without assigning any reason whatsoever.
The Policy and any amendment thereto shall be posted on the website of the Company.