Corporate Governance

Corporate Governance
Crypto Advice has a corporate governance policy that promotes the highest levels of transparency and accountability to all stakeholders. It is a system by which all business corporations within the group are directed and controlled. It deals with laws, procedures, practices and implicit rules that determine the group company’s ability to take informed managerial decisions vis-a-vis its principal stakeholders – shareholders, creditors, customers, the state and employees.

Our corporate governance policy includes:

  • An independent and effective board of directors
  • Good audit process and reporting
  • Transparency
  • Participation of shareholders in decision making
  • Maximising shareholder value
  • Meeting social obligations

Crypto Advice is committed to the highest standards of corporate governance in all its activities and processes. The various businesses were entrusted to competent professionals from the industry.

Crypto Advice’s disclosure norms are ahead of standards and are moving towards international practices. The boards of Group companies comprise eminent individuals from various disciplines.

Each board has an audit committee, where directors, management and auditors deal with matters relating to financial reporting obligations, internal controls, review of accounting policies, and management of financial risks. It monitors compliance with laws, regulations and its own code of business conduct. The shareholders / investors grievance committee handles redress of shareholder and investor complaints like transfer of shares, non-receipt of balance sheet, and non-receipt of declared dividends.

The remuneration and nomination committee recommends the salary (including annual increments, perquisites and commission / incentives) as well as retirement and other benefits to be paid to the company’s managing / whole time director (MD / WTD), other directors and senior management, within the overall ceiling fixed by the board. It also recommends appointments, reappointments and the tenure of office of executive and non-executive directors.

The management committee takes decisions about policies and other important issues concerning the management.

The whistleblower policy, introduced by the director HR and approved by the Crypto Advice Corporate Board (CACB), strengthens the Crypto Advice Corporate Governance Policy by providing employees and other stakeholders an independent and safe communication channel to raise serious concerns. The policy is being adopted separately by each company statutory board in the Group. The policy will cover all Crypto Advice companies including associate companies and joint ventures. Its scope extends to employees, customers, suppliers and contractors. Each year all Group companies file a report on corporate governance, making all statutory disclosures.