Code of Conduct

Beryl Drugs Limited (hereinafter referred to as Company) is committed to conducting its business in conformity with ethical standards and applicable laws and regulations. This commitment stands evidenced by the following Code of Conduct and is applicable to each member of the Board of Directors.

• PRINCIPLE:

Beryl Drugs Ltd is to create a 'GLOBAL Healthcare' brand identity synonymous with nurturing healthcare, eternal values, strong ethics and global quality of highest standards in pharmaceuticals and allied healthcare products. Our commitment to innovation, quality and competitive pricing has gained us a reputation as a global manufacturer of medicines with world class products.

• PURPOSE:

This Code of Ethics is formulated to enhance the standard of corporate governance and corporate behavior with the intention of achieving the following aims:

  • To establish a standard of ethical behavior for directors based on trustworthiness and values that can be accepted, are held or upheld by any one person.
  • To uphold the spirit of responsibility and social responsibility in line with the legislation, regulations, and guidelines for administrating a company.

• CODE OF ETHICS:

In the performance of his duties, a director should at all times observe the following codes:

  • Corporate Governance:
    • Should have a clear understanding of the aims and purpose, capabilities and capacity of the company
    • Should devote time and effort to attend meetings and to know what is required of the Board and each of its directors, and to discharge those functions.
    • Should ensure at all times that the Company is properly managed and effectively controlled.
    • Should stay abreast of the affairs of the Company and be kept informed of the Company’s compliance with the relevant legislation and contractual requirements.
    • Should insist on being kept informed on all matters of importance to the Company in order to be effective in corporate management.
    • Should limit his directorship of Companies to a number in which he can best devote his time and effectiveness.
    • Should have access to the advice and services of the Company Secretary, who is responsible to the Board to ensure proper procedures, rules and regulations complied with.
    • Should at all times exercise his powers for the purpose they were conferred, for the benefit and prosperity of the Company;
    • Should disclose immediately all contractual interests whether directly or indirectly with the Company;
    • Should neither divert to his own advantage any business opportunity that the Company is pursuing, nor may he use confidential information obtained by reason of his office for his own advantage or that of others;
    • Should at all times act with utmost good faith towards the Company in any transactions and to act honestly and responsibly in the exercise of his powers in discharging his duties; and
    • Should be willing to exercise independent judgment and, if necessary, openly oppose if the vital interest of the Company is at stake.
  • Relationship With Shareholders, Employees, Creditors And Customers:
    • Should be conscious of the interest of Shareholders, employees, creditors and customers of the Company;
    • Should at all times promote professionalism and improve the competency of management and employees; and
    • Should ensure adequate safety measures and provide proper protection to workers and employees at the workplace
  • Social Responsibilities and the Environment:
    • Should adopt an objective and positive attitude and give the utmost cooperation for the common good when dealing with Government authorities or regulatory bodies;
    • Should ensure the effective use of natural resources, and improve quality of life by promoting corporate social responsibility;
    • Should ensure that the activities and the operations of the Company do not harm the interest and well- being of society at large.
  • Amendments:

    • The Board may amend this code after due assessment and seeking recommendations whenever deemed necessary.