Overview
The Executive Management at Cybage Software is at the forefront to ensure that the company integrates the values of legality, ethics, and responsibility in the organization's framework.
Cybage complies with the corporate governance mandate by the Indian Ministry of Corporate Affairs (MCA) to maintain an optimized and structured corporate framework. This framework is based on the vision to deliver value to our clients and endure long-lasting partnerships based on transparency and strong morals and ethics.
Introduction to Corporate Governance in India
Complete transparency in the governance of any corporate entity is vital for its stability, growth, and profitability. With growing competition in the local and global markets, the need for good corporate governance has intensified. To keep processes progressive and transparent in India, the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India have set up an organizational framework for corporate governance. The Indian Companies Act of 2013 introduced processes that would benefit the directors, management, and the companies' stakeholders. These regulations ensure strict compliance and application of legal practices in a continuously changing economic environment.
These policies and practices are directed through Clause 49 of the Listing Agreement of stock exchanges with companies. This clause makes its compulsory for all the listed companies to act in accordance with it. MCA has appointed a number of committees and forums to facilitate a smooth exchange of ideas between corporate leaders, policymakers, regulators, law enforcers, and NGOs.
Provisions and Policies
As per the regulations and guidelines set up by the regulators, Cybage has laid down certain provisions and policies for the smooth and transparent functioning of the organization. These not only safeguard the benefits of the management but also of the involved stakeholders. These provisions and policies are closely monitored to make sure all the members and stakeholders follow them.
Board of Directors
As per the rules laid down by the regulatory bodies in India, Cybage has appointed directors, identified as Independent Directors, on its board of directors. These Directors, too, comply with the code of conduct set up by the Executive Management in the organization.
Our Approach
Audits
All audits pertaining to the company have been channelized under the audit committee that the organization sets up. This committee provides transparency and accuracy of financial reporting and disclosures, robust internal audit, and internal controls systems. The committee also oversight the company's risk management policies and programs, the effectiveness of anti-fraud, and provisions and policies.
As per the regulations and guidelines that the regulators set up, Cybage has laid down certain provisions and policies for the smooth and transparent functioning of the organization. These provisions and policies are closely monitored to make sure all the members and stakeholders follow them. These not only safeguard the benefits of the management but also of the involved stakeholders.
Risk Management
Cybage has laid down certain processes to assess risks, opportunities, threats, and outlooks under the banner of risk management. This management is responsible for overlooking financial and operational performance and managerial developments within the organization. The management reviews all the procedures extensively from time to time to ensure that they can control risks through the structured framework.
Code of Conduct
All the organization members are expected to follow the Code of Conduct that the company has laid down. These Codes help us maintain trust and confidence in the minds of not only our shareholders and clients but also of our employees. It is through these Codes that Cybage instills a transparent functioning system within the organization.
Ethics
A good organization balances itself based on good ethical practices that all members of the organization follow. Cybage believes that these ethical practices help businesses maintain a good reputation and avoid any legal issues in the market. The organization has set up an open-door policy to report discrepancies and incidents within the organization.
Legal & Privacy Policy
Cybage Legal
Privacy Policy
Cybage’s GDPR Outlook
As a technology solutions provider to customers the world over, Cybage Software and its associates are committed to protecting the privacy of customer data and ensuring that such information is not misused in any way. Cybage Software is in full compliance with the laws defined in the General Data Protection Regulation (GPDR), a set of rules defined by the European Union for organizations storing or processing the personal data of EU residents.
