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Code of Conduct

This code of conduct shall apply to the directors and members of the senior management of Bajaj Auto Limited (referred to hereinafter as BAL or the company). For this code, members of the senior management (hereinafter referred to as 'senior managers') shall mean those personnel of the company, who are members of the core management team, but shall exclude the whole-time directors. Directors and senior managers shall observe the highest standards of ethical conduct and integrity and shall work to the best of their ability and judgement. Directors and senior managers shall be governed by the rules and regulations of the company as are made applicable to them from time to time. Directors and senior managers shall affirm compliance with this code on an annual basis as at the end of each financial year.

Directors and senior managers shall ensure that they use the company's assets, properties and services for official purposes only or as per the terms of appointment.

Directors and senior managers shall not receive directly or indirectly any benefit from the company's business associates, which is intended or can be perceived as being given to gain favour for dealing with the company.

Directors and senior managers shall ensure the security of all confidential information available to them in the course of their duties. No director or senior manager, other than the designated spokespersons shall engage with any member of press and media in matters concerning the company.In such cases, they should direct the request to the designated spokespersons.

Directors and senior managers shall not engage in any material business relationship or activity, which conflicts with their duties towards the company.

Directors and senior managers shall declare information about their relatives (spouse, children and parents) employed in the company. Senior managers shall follow all prescribed safety and environment-related norms.

Directors and senior managers shall affirm compliance with this code on an annual basis as at the end of each financial year.

Code of Conduct for Affirmative Action

  1. The company affirms that its competitiveness is  interlinked with the well-being of all sections of the Indian society.
  2. The company believes that equal opportunity in employment for all sections of the society is a component of its growth and competitiveness. It further believes that inclusive growth is a component of growth and development of the country.
  3. The company affirms the recognition that diversity to reflect socially disadvantaged sections of the society in the workplace has a positive impact on business.
  4. The company will not practice nor support conscious discrimination in any form.
  5. The company does not bias employment away from applicants belonging to disadvantages sections of the society, if such applicants possess competitive skills and job credentials.
  6. The company's selection of business partners is not based on any considerations, other than normal business parameters. Incase of equal business offers, the company will select a business partner belonging to a socially disadvantaged section of society.
  7. The Code of Conduct for Affirmative Action will be put up on the company web-site to encourage applications from socially disadvantaged section society.
  8. The company makes all efforts for upselling and continual training of all its employees in order to enhance their capabilities and competitive skills. No discrimination of any type will be shown in this process.
  9. The company may have a partnership programme with educational institution's to support and aid students from socially disadvantaged section of society.
  10. The company will maintain records of Affirmative Action.
  11. The company has nominated Shri Pradeep Shrivastava, Executive Director, to oversee and promote the Affirmative Action policies and programmes. He will be accountable to the Managing Director and the Chairman.
  12. The company will  make available its learning and experiences as a good corporate citizen in Affirmative Action to other companies desiring to incorporate such policies in their own business
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