As per Section 177 (9) of the Companies Act, 2013 mandates the following classes of companies to constitute a vigil mechanism -
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Every listed company;
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Every other company which accepts deposits from the public;
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Every company which has borrowed money from banks and public financial institutions in excess of Rs. 50 crores.
HPCL Biofuels Limited being 100% subsidiary Company of Hindustan Petroleum Corporation Limited (HPCL), we follow whistle blower Policy of the Holding Company HPCL.
Accordingly, Whistle blower Policy ("the Policy") has been made available as per the following link
with a view to provide a mechanism for directors and employees of the Company to approach the Ethics Counsellor / Chairman of the Audit Committee of the Company
