Code of Conduct for the Board of Directors and Senior Management

Corporate Governance (Pursuant To Clause 54)

	Compliance with Corporate Governance :
	Indoco fully subscribes to the principle and spirit of Corporate Governance. The Company has adopted transparency, disclosure, accountability and ethics as its business practices. The management believes that these principles will enable it to achieve the long-term objectives and goals. As part of its Corporate Governance philosophy, Indoco focuses its energies in safeguarding the interests of its stakeholders by utilizing its resources for maximum benefits. The Company constantly reviews its Corporate Governance policy to not only comply with the business, legal and social framework in which it operates but also to implement the best international practices in that regard.
	Contact information of designated official for handling investor grievances: Name of official : Sunil Joshi Designation: President Finance & Company Secretary Address: Indoco House, 166 CST Road, Kalina, Santacruz (E), Mumbai 400098 Tel : 022-2654-1851-55 Email-ID: compliance.officer@indoco.com / sunil.joshi@indoco.com
	Agreement entered into with media and/or their associates: Nil