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Statement of Ethics and Business Practices

The Company’s Ethics and Business Practices conform to the MTL Group Vision and the Company’s Mission Statement.

The Purpose and Values of Business

Manufacturers of farm equipment and other Engineering Goods that conform to the Specified Standards to enhance Farm Mechanization for achieving self sufficiency in agricultural products, saving of foreign exchange and developing technical and engineering capabilities in the country .

Customer Relation.

Ensure customer satisfaction by providing quality products at competitive prices with warranty coverage and ensuring after service.

Shareholders and Financial Institutions & Creditors

Protection of investment made in the Company and proper return on money lent/invested. A commitment to accurate and timely communication on achievements and prospects.

Suppliers

Prompt setting of bills, Co-operation to achieve quality and efficiency. No bribery or excess hospitality accepted or given .

Society / Community

Compliance with the spirit of laws. Timely payment of all Government taxes and dues. Eliminate the release of substance that may cause environment damage. Financial assistance for promoting education and special activities including games and donations/ charity to deserving .

General

The Company shall neither support any political party nor contribute funds to groups or associations whose activities promote political interest . The Company shall promote its legitimate business interest through trade associations.

Implementation

Company Board to ensure implementation of these codes, regular monitoring , and review for modification / amendment where necessary .