Code of Conduct and Code of Fair Disclosures for Prevention of Insider Trading
Bayer Group has a tradition of conducting business based on certain values, principles and beliefs as also keeping in mind the commitment of our Group towards effective and efficient Corporate Governance. The objective of the document enclosed is to explain the code of conduct and code of fair disclosure to regulate, monitor and report trading by Insiders (‘Code of Conduct”) in securities of our Group Companies. You would appreciate that no code of conduct can be exhaustive in nature and hence all employees of the Group are expected to observe the spirit behind this document.
The Code of Conduct in line with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 was adopted by the Board of Directors of the Company on May 15, 2015. In order to facilitate operational convenience as well as better monitoring, the same has now been amended and adopted by the Board of Directors of the Company at its Meeting held on May 24, 2017. The Board of Directors have further amended the Code with effect from 1st April, 2019.