APPLICABLE TO ALL DIRECTORS, OFFICERS AND EMPLOYEES

Madhucon Sugar and Power Industries Limited., is committed to conduct its business in accordance with the applicable laws, rules and regulations and with highest standards of business ethics. The company is committed to be a good corporate citizen.

The Directors, officers and employees of the company must not only comply with applicable laws, rules and regulations but should also strive to promote honesty in conducting business. They must abide by the policies and procedures that govern the conduct of the Company's business. The company shall prepare and maintain its accounts fairly and accurately with the accounting and financial reporting standards.