Human Resource Development

Your Company's Human Resource Development practices are broadly guided by the key principles of relevance, consistency and fairness. Several initiatives are being implemented across segments to strengthen the processes of talent management, capability development, and performance. Considered together, all these have been significantly making a positive impact on talent attraction, retention, and commitment.

HR function continues to align its strategic interventions and processes with long-term vision in creating and also growing value for the Indian chemical industry and the stakeholders. These are one of the key drivers of improved business performance.

Talent management promise continues to play a key role in attracting and retaining the "best-in-class" talent. Performance management also serves to align individual and team performance with the larger strategic goals of the organisation. As on March 31, 2020, your Company had 1,472 permanent employees.

DISCLAIMER: This Report contains forward-looking statements that involve risks and uncertainties. When used in this Report, the words 'anticipate' 'belief' 'estimate' 'expect' 'intend' 'will' and other similar expressions as they relate to the Company and its Businesses are intended to identify such forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statements publicly, whether as a result of new information, future events, or otherwise. Actual results, performances or achievements could differ materially from those expressed or implied in such forward-looking statements. Readers are cautioned not to place undue reliance on these forwardlooking statements that speak only as of their dates. This Report should be read in conjunction with the financial statements included herein and the notes to it.