This code of conduct shall apply to the directors and members of the senior management of Ultra Corpotech Pvt. Ltd. (referred to hereinafter as Ultra 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 judgment. 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 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 favor 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 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 Indian society.
2. The company believes that equal opportunity in employment for all sections of society is a component of its growth and competitiveness. It further believes that inclusive growth is a component of the growth and development of the country.
3. The company affirms the recognition that diversity to reflect socially disadvantaged sections of 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 disadvantaged sections of society if such applicants possess competitive skills and job credentials.
6. The Code of Conduct for Affirmative Action will be put up on the company website to encourage applications from socially disadvantaged sections of society.
7. The company makes all efforts to upsell and continually training of all its employees to enhance their capabilities and competitive skills. No discrimination of any type will be shown in this process.
8. The company may have a partnership program with educational institutions to support and aid students from socially disadvantaged sections of society.
9. The company will maintain records of Affirmative Action.