Corporate Governance Framework

We at SAPL are committed to conducting our businesses in the interest of our shareholders and in full compliance with the regulatory requirements, as well as with an acute awareness of community expectations. This dedication to maintaining the highest standards of corporate governance is attested by constant benchmarking against local regulatory changes and international developments. At the same time, the Sona Group ensures that accountability, transparency, honesty and integrity, the pillars of corporate governance, are observed at all levels throughout its businesses. The adoption of sound policies, procedures and rules assures all stakeholders that our businesses are built on, and grow from, the firmest foundations. The Sona Group has put up and in provcess of putting up a number of measures in place to achieve its corporate governance objectives. Internal audit and control systems provide safeguards against risks and protect the Group's assets as well as ensuring that its policies and management practices are implemented as planned, with any change identified and approved. The Group's major operations are monitored by using an effective and efficient Quality Management System.

The Board and Senior Management work together to develop a model of governance that aligns the values of all corporate participants. This model, incorporating corporate governance mechanisms and controls, is evaluated periodically for its effectiveness. We have also established a variety of communication channels to ensure that our affairs are transparent to shareholders, customers and other stakeholders.

 
Plants
  • Raw material handling plant
  • Sinter plant
  • Blast furnace
  • Steel melt shop


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Achievements
  • Integrated Steel Plant commissioned in just 18 months time.
  • Commenced production of Pig Iron in November 2010

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Contact Us
Sona Alloys Private Limited
4th floor, Opp. Karnavati Hospital,
Ellisbridge,
Ahmedabad - 380 006
Phone No: +91 2169 226826
               +91 2169 226828
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