Code of Conduct

Code of Conduct

VCK Capital Market Services Ltd.

Code of Conduct and Ethics

  1. Introduction

At VCK Capital Market Services Ltd., we are committed to conducting our business with responsibility, integrity, fairness, transparency, and honesty. This code of conduct aims to promote ethical business conduct in an efficient and transparent manner, fulfilling our obligations to shareholders and all stakeholders. It serves as a guide for our directors, senior executives, and employees in dealing with the Company and external stakeholders.

  1. Regulatory Compliance

All employees, directors, and representatives of VCK Capital Market Services Ltd. must comply with all applicable laws and regulations in the territories where they operate. Compliance with ethical and professional standards outlined in laws and regulations is paramount, and in cases where standards are below those of this Code, the Code’s standards prevail.

  1. Application of this Code

This Code applies to all directors and senior executives of VCK Capital Market Services Ltd. Senior Executives include core management team members one level below the executive director. Subsidiaries, joint venture partners, and other shareholders where VCK Capital Market Services Ltd. holds a significant stake should also adhere to this Code.

  1. Respect for Individuals

We value and respect the rights of all individuals irrespective of race, caste, creed, religion, age, disability, gender, sexual orientation, or marital status. We are committed to maintaining a workplace free from racial, sexual, or any other form of harassment.

  1. Honest and Ethical Conduct

Directors and senior executives must uphold the highest standards of personal and professional integrity, honesty, and ethical conduct. This entails conducting business free from fraud or deception and adhering to accepted professional standards of conduct.

  1. Conflicts of Interest

Directors and senior executives must avoid engaging in activities or relationships that may result in conflicts of interest, directly or indirectly. Any potential conflicts must be promptly disclosed to the Board of Directors or Managing Director.

  1. Misuse of Opportunities and Information

Directors and senior executives must advance the Company’s interests and refrain from using corporate property, information, or position for personal gain. They are prohibited from taking advantage of corporate opportunities discovered through corporate resources.

  1. Securities Transactions and Confidential Information

Employees, directors, and representatives must not derive benefits from non-public information about VCK Capital Market Services Ltd. Insider information must be handled with strict confidentiality, and trading restrictions under SEBI regulations must be adhered to.

  1. Fair Dealing

Fair dealing with customers, service providers, suppliers, competitors, and employees is essential. Unfair practices such as manipulation, concealment, or misrepresentation of facts are prohibited.

  1. Protection and Proper Use of Company Assets

Company assets must be used solely for legitimate business purposes and protected from misuse. Tangible and intangible assets, including proprietary information, must be safeguarded.

  1. Gifts and Entertainment

Acceptance of nominal gifts and entertainment is permissible, provided they are customary and commemorative in nature. Any illegal payments or benefits intended to obtain unethical favor are strictly prohibited.

  1. Wealth Creation

Directors and senior executives are committed to enhancing shareholder value and complying with all regulations governing shareholders’ rights. Transparent communication with shareholders is essential.

  1. Corporate Social Responsibility

VCK Capital Market Services Ltd. is committed to serving the community and fulfilling its responsibilities towards the public.

  1. Safety, Health, and Environment

Ensuring safety, health, and environmental responsibility is paramount in all operations of VCK Capital Market Services Ltd.

  1. Regulatory Compliance and Corporate Governance

Adherence to high standards of corporate governance and compliance with laws and regulations is fundamental.

 

  1. Financial and Operational Integrity

Full disclosure of financial information and proper recording of transactions is essential. Assisting fraudulent activity is strictly prohibited.

 

  1. Implementation

Directors and senior executives are accountable for compliance with this Code. Sanctions for breaches will be determined by the Board of Directors or Managing Director, including disciplinary action and removal from office.

 

  1. Interpretation
  2. Any questions regarding the interpretation or application of this Code should be directed to the Board of Directors or Company Secretary.