**Principle 7**
**4.7.** **Public and Regulatory Policy**
**4.7.1** As a Corporate Citizen, the Company understands its responsibility to function within the
democratic set up and the constitutional framework. It recognizes that businesses operate within
the specified legislative and policy frameworks prescribed by the Government, which guide their
growth and also provide for certain desirable restrictions and boundaries. The Company and its
employees would respect the legal/regulatory framework and shall comply with all the
applicable provisions of existing local, state, national, and international laws. They shall also
follow and obey the policies, procedures, rules and regulations relating to the business of the
Company.
**4.7.2** In case of any grievance with any legislative / regulatory mandates, it shall seek redressal of the
same and resort to policy advocacy consistent with the principles and policies contained in the
Code. Wherever necessary and to the extent possible, the Company shall seek policy changes
either through the Administrative Ministry to which it reports or through the trade and industry
chambers and other such collective platforms.
**4.7.3** The Company believes that policy advocacy must preserve and expand public good and thus
shall never advocate any policy change to benefit itself alone or a select few in a partisan manner.