MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2022-23

108 MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2022-23 Sr. No. Name of the Policy Brief description Summary of key changes made to the Policies during the year 14. Policy on Prevention of Sexual Harassment The policy on Sexual Harassment is for redressal of complaints received regarding sexual harassment and compliance of other provisions as per the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013. The Company in its good governance has extended the same to male employees also. There has been no change to this policy. 15. Anti-Bribery and Anti-Corruption (ABAC) Policy While the basic tenets of anti-bribery and anti-corruption policy are enshrined in the Code of Conduct of the Company, this Policy comprehensively captures the Company’s approach towards bribery and corruption in detail. During the year under review, the Directors of your Company approved amendments to this Policy with a view to simplify and make the Policy concise by retaining the essence and ethos of the Policy. 16. Investor Grievance Redressal Policy The Policy is to promote and build prompt Investor Grievance Redressal Mechanism and investor friendly relations. The Escalation Matrix for Investor Grievances forming part of the Policy has been updated during the year under review. 17. Policy on Gifts & Entertainment The Policy lays down the guidelines for acceptance of gifts and entertainment by employees of the Company. Permitted deviations & processes are laid down through this Policy. During the year under review a concise version of the Policy was adopted without any material change and retaining the essence and ethos of the Policy. Definitions from the Policy have been moved to the document ‘M&M Policy Definitions’. Subsequent to the year end, the Directors of your Company approved amendments to this Policy with a view to include a clause on offering or accepting invitation to sporting, cultural or other events which Mahindra organises / sponsors or to which Mahindra has access, with prior approval of the relevant Group Executive Board (GEB) member and a clause on combining a colleague’s social event with business travel.