Web Summary
Q1: What is the address of the company's head office?
A1: The address of Gem Spinners India Limited's head office is 78, Cathedral Road, Chennai – 600086, India.
Q2: Where is the factory located?
A2: The factory of Gem Spinners India Limited is located at 14, Mangalam Village, Kanchipuram District – 603107, India.
Q3: What type of products does the company offer?
A3: The company offers a range of products, including cotton and other textilerelated items.
Q4: What is the purpose of the Code of Conduct for Directors/Senior Management Personnel?
A4: The Code of Conduct aims to establish a strong framework for ethical behavior among directors and senior management personnel, highlighting areas of ethical risk, providing guidance on ethical issues, offering mechanisms for reporting unethical conduct, and fostering a culture of honesty and accountability.
Q5: What are the common conflicts that directors/ senior management personnel should avoid?
A5: Common conflicts that directors/ senior management personnel should avoid include relationships with thirdparties seeking to do business with the company, accepting compensation from nonCompany sources, offering or receiving gifts from persons or entities dealing with the company, and using Company assets for personal use without approval.
Q6: What is the policy on corporate opportunities?
A6: Directors/ senior management personnel are prohibited from utilizing Company opportunities for personal gain, competing with the company for business opportunities, or using Company property or information for personal gain. However, if the opportunity is deemed disinterested and not in the best interest of the company, a director/ senior management personnel may pursue it.
Q7: What is the policy on confidentiality?
A7: Directors/ senior management personnel must maintain the confidentiality of Company information entrusted to them or available to them in their capacity as directors/ senior management personnel, except when disclosure is authorized or legally mandated.
Q8: What is the company's stance on political nonalignment and fair dealing?
A8: The Board shall support a functioning democratic constitution and system with a transparent and fair electoral system in India. Directors/ senior management personnel must comply with laws, rules, and regulations applicable to the Company, including insider trading laws, and deal fairly with customers, suppliers, competitors, and employees.
Q9: What is the company's commitment to quality and technological upgradation?
A9: Gem Spinners has earned the trust of its customers by consistently transforming them into longterm relationships due to its technological upgradation and uniformly highquality products.