The fundamental theme of Corporate Governance at Madhucon Sugars is the nature and extent of accountability of people in the business. The tenets of honesty, transparency and fairness have been entrenched into the corporate culture and each of its associate to ensure adherence to the following main principles of Corporate Governance:

• Rights and equitable treatment of shareholders: To ensure shareholders privileges and encourage their representation during various meetings.
• Interests of other stakeholders: At MSPIL it is imperative fulfil our obligation towards the stakeholders. We are committed for enhancing shareholders value on sustainable basis.
• Integrity and ethical behaviour: We follow ethical practices while conducting business activities. As a obligation we maintain transparency and integrity which are pivotal to retain the trust of our shareholders.

Complying to above our Directors and Senior Management are committed to adhere to the Company's Code of Conduct. The Management always aims at seeking practical solutions with the objective of strengthening corporate and board governance within the existing framework.