Corporate Governance

Governance is Providing Strong and Inspiring Leadership

Policies

IT Policy

Dilip Buildcon Limited (DBL) has recognized the importance of Information Technology (IT) and IT infrastructure which is playing a major role in the company’s growth. Having the high visibility and role of IT in the organization, strong IT policies and procedures have been implemented ensuring clear, transparent, and smooth business operations.

Posh Policy

Dilip Buildcon Limited (DBL) is committed to creating a work environment in which all employees can work together in an atmosphere that is free from Sexual Exploitation, Abuse and Harassment.

Orderly Succession

The objective of this policy is to ensure orderly identification and selection of new Directors or Senior Management in the event of any vacancy,

Policy on Board Diversity

This policy is to recognize and embrace the benefits of having a diverse Board which possesses a balance of skills, experience, expertise and diversity of perspectives appropriate to the requirements of the business of the Company.

Code of Conduct for Insider Trading

Dilip Buildcon Limited’s Code of Internal Procedure and Conduct for Regulating, Monitoring and Reporting of Trading by Insiders.

Code of Conduct for Employees

This Business Conduct Rules / Code of Conduct Policy is designed to build a culture that will embrace and sustain values of the Company.

Composition of Committees

Composition of Various Committees of Board of Directors

Fair Disclosure

Fair Disclosure of unpublished price sensitive information (UPSI) prevents insider trading and is applicable to all DBL employees including Directors and Officers.

Code of Conduct for BOD and Senior Management

Code of Conduct for Board Directors & Senior Management Personnel.

Postal Ballot Notice

Members are requested to carefully read the instructions printed in the Postal Ballot Form, record their assent (for) or dissent (against) therein and return the same duly completed in all aspects in the enclosed Self-addressed Business Reply Envelope. DBL is pleased to also provide e-voting facility to enable all members to cast their votes electronically.

Vigil Mechanism & Whistle Blower Policy

The Vigil Mechanism policy provides for adequate safeguards against victimization of persons who use such mechanism and also makes provision for direct access to the chairperson of the Audit Committee in appropriate or exceptional cases.

Appointment of Independent Director

These terms are applicable to Independent Directors who serve on the DBL Board of Directors for 5 yrs.

Nomination and Remuneration

The Nomination and Remuneration Committee of DBL has formulated “Nomination and Remuneration Policy” of Directors, Key Managerial Personnel (KMPs) and other employees as per the provisions of the Companies Act, 2013 and the listing agreement.

Procedure of Inquiry in case of leak of UPSI

The Committee constituted by SEBI to review the Insider Trading Regulation noted the recent cases of leak of UPSI related to listed entities on Instant Messaging apps. Such information originates from within the company and affects the listed company in terms of its market price as well as loss of reputation and investors’ / financers’ confidence in the company.

Dividend Distribution Policy

The purpose of this policy is to regulate the process of dividend declaration and its pay-out by DBL which would ensure a regular dividend income for the shareholders and long term capital appreciation for all stakeholders of the Company.

Director Familiarisation Programme

The familiarization programme for the Independent Directors of the Company is designed to help the Independent Directors to gain a deep understanding of the Company and its stakeholders. Details of familiarisation programmes imparted to Independant Directors

Group Governance Policy

Group Governance policy is to monitor the governance of the Unlisted subsidiaries through a dedicated group governance unit or Governance Committee comprising the members of its board of directors.

CSR Policy

DBL is committed to conduct business in a responsible manner that creates a sustained positive impact.

Criteria for Making Payments to Non-Executive Directors

NEDs actively contribute their time, expertise and advise to DBL’s growth. They are compensated for this in accordance with DBL’s policy.

Determining Material Subsidiaries

The Policy for determining ‘Material Subsidiaries’ of DBL is in compliance with the provisions of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The Board of Directors have approved and adopted the Policy and to provide the governance framework for subsidiaries.

Preservation of Documents and Archival of Documents

This policy is framed based on Regulation 9 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. This policy is intended to ensure the compliance particularly with the Listing Regulations and the applicable provisions of the Companies Act, 2013.

Role of an Independent Director

This policy defines and describes the role of an Independent Director at DBL.

Determination of Materiality

This policy determines the materiality of events or information, which could affect the investment decisions and ensure timely and adequate dissemination of information.

Related Party Transactions

Related Party Transactions have been one of the major areas of focus for the corporate governance reforms being initiated by Indian legislature. This policy provides enhanced transparency and due process for approval of the Related Party Transactions

Risk Assessment and Management

This Policy seeks to identify risks inherent in the operations of DBL and provides guidelines to define, measure, report, control and mitigate the identified risks.

Contact Details of Authorised Personnel for Determination of Materiality

This is Contact Details of Authorised Personnel for Determination of Materiality

Internal Financial Control Policy

The Internal Financial Controls (“IFC”) policy is an integral part of the overall internal financial controls framework of the Company. It supports compliance with requirements of the Companies Act 2013 in relation to Directors’ Responsibility Statement. It may be applied for evaluation of internal financial controls by the respective control owners.

Social Accountability Policy

Dilip Buildcon Limited (DBL) is devoted to protect worker’s rights and improve labour conditions and social performance within the organization and also in all its stakeholder partnerships and relationships

Employee Greivance Rederessal

The objective of the Grievance Redressal Policy and procedure is to provide a means of promptly dealing with the individual grievances that an employee may have, in connection with their employment, in a fair and consistent manner.

Anti-Bribery and Anti-Corruption

Dilip Buildcon Limited (the Company) is committed to adhere to the highest standards of ethical, moral and legal conduct of business operations and also to follow anti-bribery and anti-corruption policy.

Equal Opportunity Policy

We are committed to providing equal opportunities in employment and fostering an inclusive workplace where all employees are treated with respect and dignity.

Sustanability Policy

We believe that acting in a sustainable manner is not only a business obligation, but also it provides a competitive advantage in the future. We are committed to seek sustainable growth by integrating environment, social and governance (ESG) principles in our businesses.

Green Supply Chain Policy

Dilip Buildcon Limited (DBL) through an inclusive approach, is committed to fostering the green consciousness that embrace the activities of its Supply Chain Partners (SCPs), viz. Vendors, Contractors and Service providers.

Public Policy and Advocacy

Abiding by the law of the land and serving the best interests of our shareholders, debenture holders, suppliers, financial institutions, bankers, Central & State Governments, employees, customers and the communities in which we operate. Dilip Buildcon Limited (DBL) is committed to engage in the public policy and advocacy process in a responsible and ethical way.

Climate Change

DBL Group adhere to play a leading role in climate change by adopting environment friendly technologies, business practices and innovation, while pursuing their own growth aspirations and the enhancement of stakeholder’s value by being knowledgeable, responsive and trustworthy.

Clarification in Public Interest

DBL Recruitment Process

To protect passers-by from hazards on roads and highways, DBL undertakes stringent safety measures. 

Barricades erected on either side of the carriageway closed to traffic are designed to resist violation and are painted in monochrome stripes. Red lanterns or warning lights are mounted on the barricades at night and are lit through the night.

Where deviations in traffic are expected, the new channel is clearly highlighted with pavement markings or painted drums. At night, the passage is delineated with lanterns or other suitable light source.

One-way traffic operation is established whenever traffic passes through a carriageway inadequate for two-lane traffic. This is done with the help of temporary traffic signals or flagmen positioned on the carriageway. For regulation of traffic, the flagmen are equipped with red and green flags and lanterns/ lights.

On both sides, suitable regulatory/warning signs as approved by the engineer are installed for the guidance of road users. On each approach, at least two signs are put up, one close to the point where transition of carriageway begins and the other 120m away. The signs are of approved design and of reflective type, as directed by the engineer.

A free Health Check Up Camp for all Dilipbuildcon employees , their families and nearby villagers were organized in 31st December 2020 at DBL Site Camp was organized in Sanjeevan Multispecialty Hospital & Research Institute . 

District, Maharashtra. Dr. Nijamudeen Ansari, M.D. Civil Surgeon of Hospital arrived at the camp at 11:00 PM. Patients discussed various issue of health with the doctors. Free Physical examination along with free Blood Sugar, Blood Pressure, CBC, HBSAG, THIRODE TEST, SICKLE TEST, TB SPUTUM TEST, HIV/AIDS.

Geo Green is an initiative taken by DBL for environmental sustainability and to protect the soil from either side of under construction roads from eroding. The road construction process displaces a lot of soil and loosens earth, impacting the quality of land in the surroundings. To prevent this from happening, DBL plants trees and grows grass on dividers, beautifying the roads in the process. 

DBL constantly conducts fire safety training in villages around project areas. Often these events are facilitated by local police and government departments. Some examples are below:

Project: Kawardha – Simga
Awareness of Fire Safety imparted to students of Government Middle School, Bemitra, District, Raipur, Chhattisgarh. Road Safety Week celebrated with District Police Department.

Project: Maholia – Bahagora
Awareness of traffic rules imparted to students of Kasturba Gandhi Girls School, Dhalumghar, District East Sindhbhum, Jharkhand

Project: Chas – Ramgarh
Awareness of traffic rules imparted to students of Government Higher Secondary School Peterbar, District Bokaro, Jharkhand Project: Jabalpur – Mandla Description: Awareness of traffic rules imparted to students of Government Middle School Bichiya, District Mandla

DBL celebrated Swachhta Pakhwada successfully across all the sites of DBL with full zeal and enthusiasm from 1st January to 15th January

During the Pakhwada different activities undertaken are as follows: 

  • DBL volunteers educate slum dwellers about the necessity of self-hygiene, community hygiene, cleanliness and preventive measures against about the dengue & malaria
  • Safai Abhiyan at nearby commercial area and markets, roads etc.
  • Safai Abhiyan in the school premises and class rooms.
  • Seminar to sensitize the Students regarding environmental issues.
  • Sensitize people of the locality about cleanliness of public places.
  • Meetings/lectures on related themes
  • Workshops on related themes.
  • Cleaning of public wells, ponds and rivers of the locality.
  • Awareness classes on Water conservation and recharging measures
  • Tree plantation
  • Educating the Waste Management practices like- separate bins for degradable and biodegradable wastes.
  • Carry out campaign against plastic and leaf burning and their proper disposal
  • Conduct of quizzes, elocution, painting, essay competitions etc.

A free Health Check Up Camp for all Dilip Buildcon employees, their families and nearby villagers were organized in 05.07.2018 at DBL Site Camp was organized in association with Thumbakuppam Govt. Hospital, Chittoor District, Andhra Pradesh. 

A team of 4 members from Hospital including one MBBS, DPM (Psychiatrist), arrived at the camp at 11:30 PM. He discussed various issue of health with the doctors. During this camp free Physical Health Checkup along with Malaria examination was conducted. The team also rendered awareness regarding HIV and AIDS.

DBL reiterates it’s commitment towards environmental sustainability. As a gesture of that commitment, World Environment Day is celebrated across project sites.

Some examples below:

Project: Jabalpur – Shahpura – Patan
Tree plantation activity done at various locations at the project site

Project: Guna – Biaora
Tree plantation drive, cleanliness of road side eateries/ establishments, waste reduction training, construction site hygiene training, waste segregation training, and drain & carriageway cleaning activities done at various locations at project site.

Project: Ghaghra Bridge-Varanasi
Tree plantation drive, cleanliness of road side eateries/ establishments, waste reduction training, construction site hygiene training, waste segregation training, and drain & carriageway cleaning activities done at various locations at project site.

Environmental Sustainability
Fire Safety Training
Run Bhopal Run
Hum Saath Hain
World Physiotherapy Day!
Employee Safety
Plantation
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