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It encourages the MFSL team to take positive actions, which are not only commensurate with its values and principles, but are also perceived to be so. MFSL expects all its employees to implement the Code in its true spirit.

For the purpose of this Code, the term "senior management" shall mean

  • Senior Executives and above   

  • All executives reporting to the Managing Director and Company Secretary

All the Directors and Senior Management Personnel of Munoth Financial Services Limited are expected to read and understand the Code of Conduct and uphold these standards in their day-to-day activities comply with all applicable policies and ensure compliance.

 

All the Directors and Senior Management personnel shall affirm compliance with the code on annual basis.

COMPLIANCE WITH LAWS, RULES AND REGULATIONS

All the Directors and Senior Management Personnel must comply with all applicable laws, regulations, and rules of the country.

ETHICAL CONDUCT

All the Directors and Senior Management Personnel shall deal on behalf of the Company with professionalism and integrity as well as maintain high moral and ethical standards. Such conduct shall be fair and transparent and be perceived to be such by third parties.

CONFIDENTIALITY

Information relating to any client or activities of MFSL is strictly confidential and shall not be disclosed orally or in writing or electronically, directly or indirectly to anyone unless the Directors or Senior Management personnel have been specifically authorized to release this information.

CONFLICT OF INTEREST

Directors or Senior Management Personnel shall not engage in any business transaction, which might conflict with the interests of MFSL. A conflict of interest may arise where Directors or Senior Management personnel directly derive personal benefit by making or influencing decisions relating to such business transactions.

INSIDER TRADING

Directors and Senior Management Personnel shall not deal in the securities of a Company whether on their own account or their relatives account if they are in possession of any unpublished price sensitive information concerning the company. Directors or Senior Management Personnel who are in possession of any unpublished price sensitive information shall not communicate directly or indirectly the said information to others who trade on such information.

GIFTS & FAVOURS

Directors and Senior Management personnel shall not accept any gift, favour or invitation offered by any client, person or organization with whom MFSL has any business relationship that creates a conflict between the individuals’ personal interest and the interest of MFSL. Directors or Senior Management Personnel shall not accept any such gift, favour or invitation except those extended as a customary courtesy of business life.

FALSE OR MISLEADING STATEMENTS

Directors or Senior Management Personnel shall not make a statement or disseminate information, which is misleading or false and is likely to induce sale or purchase of securities by any other person or is likely to have the effect of influencing the market price of the securities.

ACCOUNTING PRACTICES

MFSL's responsibilities to its investing public require that all transactions be fully and accurately reported in MFSL’s books and recorded in compliance with all applicable laws. False or misleading entries, unrecorded entries or assets or payments without appropriate supporting documentation and approval are strictly prohibited and violate MFSL policy and the law. Additionally, all documentation supporting a transaction should fully and accurately describe the nature of the transaction and be processed in a timely fashion.

PROTECTING COMPANY ASSETS

The assets of MFSL shall not be misused but employed for the purpose of conducting the business for which they are duly authorized. These include tangible assets such as equipment and machinery, systems, facilities, materials, resources as well as intangible assets such as proprietary information.

 

SEBI Registration Numbers

Depository Participant - IN - DP - NSDL - 30 - 97                CIN: L6599TN1990PLC019836   

NSE Stock Broking - INZ000283035                                       MAPIN: 100002089                 

Portfolio Management Services: INP000000308                   

Merchant Banking - INB000003739