Policy Statement

This policy encourages all the Whistle Blowers to report any kind of misuse of Cainergy’s properties, mismanagement or wrongful conduct prevailing/executed in the company, which the whistle-blower in good faith, believes, evidence any of the following:

1. Violation of any law or regulations, policies including but not limited to corruption, bribery, Theft, fraud, coercion, and wilful omission.
2. Rebating of Commission/benefit or conflict of interest.
3. Procurement frauds.
4. Mismanagement,Gross wastage, or misappropriation of company funds/assets.
5. Manipulation of Company data/records.

Scope

• The Whistle Blower Policy is intended to encourage employees to make good faith reports of suspected fraud, corruption, or other improper activity, or health and safety concerns within Cainergy to the management
• To give procedures/process that will be followed by the management of Cainergy in evaluating and investigating such reports.
• This policy seeks the support of Cainergy employees, partners and vendors to report significant deviations from key management policies and report any non-compliance and wrong practices e.g. unethical behaviour, fraud, violation of law, inappropriate behaviour/conduct etc.

Definitions

A whistle-blower is an employee,former employee, or member of an organization who reports misconduct to people or entities that can take corrective action. Whistle-blower policy is important because whistle-blowers may be ostracized by their co-workers, discriminated against by future potential employers, or even fired from their organization. A whistle-blower policy is needed to protect whistle-blowers from this type of workplace bullying.

Procedures

Cainergy shall formulate a Grievances Redressal Committee (‘GRC’)  comprising of Management Representatives for the following:

1. To conduct the enquiry in fair and unbiased manner.
2. To ensure complete facts finding.
3. To appoint investigating officer(s) / agencies (internal or external) if required.
4. To maintain strict confidentiality.
5. To decide on the outcome of the investigation.
6. To recommend an appropriate course of action.
7. Such other areas & matter that the Committee may decide upon for the furtherance of its objective.

Forms

This policy encourages all the Whistle Blowers to report any kind of misuse of Cainergy’s properties, mismanagement or wrongful conduct prevailing/executed in the company, which the whistle-blower in good faith, believes, evidence any of the following:

1. Violation of any law or regulations, policies including but not limited to corruption, bribery, Theft, fraud, coercion and wilful omission.
2. Rebating of Commission/benefit or conflict of interest.
3. Procurement frauds.
4. Mismanagement, Gross wastage, or misappropriation of company funds/assets.
5. Manipulation of company data/records