Multimedia Entertainment Limited is committed to strong corporate governance and believes in its indispensability in investor protection. The Company's compliance with the Corporate Governance Code in terms of Clause 49 of the Listing Agreement with the Stock Exchange, Delhi, Jaipur and Guwahati Stock Exchange of India Limited is given herein below.
Company's philosophy on Corporate Governance
Ensure that quantity, quality and frequency of financial and managerial information, which management shares with the Board, fully places the Board members in control of the Company's affairs.
Ensure that the Board exercises its fiduciary responsibilities towards Shareholders and Creditors, thereby ensuring high accountability.
Ensure that the extent to which the information is disclosed to present and potential investors is maximized.
Ensure that the Board, the Employees and all concerned are fully committed to maximizing long-term value to the Shareholders and the Company.