Corporate Governance

  • Home
  • Integrated Reports
  • Corporate Governance

Robust Corporate Governance forms the cornerstone of our sustained performance, helping us gain the trust and respect of our stakeholder. Dabur has set the highest standards in transparency to not just maintain but also grow the confidence of all its stakeholders.

Our governance framework and principles draw inspiration from our ethics, values, and the culture of professionalism we uphold. Rooted in the Dabur value system, we take pride in conducting our business with integrity and ensuring adherence to all laws and regulations and achieving the highest standards of Corporate Governance

Our Governance Structure

Our governance structure strives to respect the interests and goals of every stakeholder and build a sense of trust and security. We have a clear role for the board and the management to create a decision-making process that is transparent, responsible, and fair.

Board of Directors

Our Board consists of a diverse group of individuals with different skills, backgrounds and perspectives, including independent directors.

The Board of directors and executives of the Company are committed to acting with honesty, integrity, and fairness, which are critical to business integrity and maintaining investors’ trust in the Company. The primary role of the Board is that of trusteeship – to protect and enhance shareholder value. As trustees, the Board ensuresthat the Company has clear goals aligned to protecting and growing shareholder value.

Composition of Directors

Selection and Appointment of New Directors

The Nomination and Remuneration Committee and the Board of Directors have devised a `Policy on Appointment of Board Members’ to provide a framework for appointment of Board members and bring diversity in the Board in line with the requirements under the Listing Regulations, as amended from time to time, and the Act. The selection of Board members is based on recommendations of the Nomination and Remuneration Committee. For detailed skill profile, refer to the Corporate Governance Report Section.

Familiarisation Program for Directors

Dabur has put in place a structured induction and familiarisation program for its Directors, including the new Directors. They are also updated on all business-related issues and new initiatives.

The initiatives undertaken by the Company in this respect has been disclosed on the website of the Company at www.dabur.com. Click Here

Board Independence

As of March 31, 2024, the Board of Dabur comprised 9 Independent Directors, who are eminent personalities and leaders in their respective fields. These Independent Directors are nominated based on a well-defined selection criterion and serve the purpose of maintaining the right balance between Economic, Social, Individual, Environmental and Commmunity Goals.

  Total Members Independent Directors Women Directors
(included in Independent Directors)
Board 15 9 2
ESG Committee 8 1 0
CSR Committee 3 1 0
Stakeholders' Relationship Committee 5 2 0
Risk Management Committee 7 1 1
Audit Committee 6 6 1
Nomination & Remuneration Committee 3 2 0

Details on Board Independence Criteria and Skill Matrix of the Board of Directors is available in the Corporate Governance section of this report.

Corporate Policies Disclosure

Our policies are designed to direct every action and interaction with our company. These Policies and Directives are not just a fundamental part of our strategy, but the basis of how we drive sustainability within the company and our extended value chain.

  • Anti-Bribery and Anti-Corruption Policy
  • Human Rights Policy
  • ESG Policy
  • Biodiversity Policy
  • Supplier Code of Conduct
  • Quality Policy
  • Food Safety Policy
  • Risk Management Policy
  • Privacy Policy
  • Occupational Health and Safety Policy
  • Non-discrimination and Anti-harassment Policy
  • Environment Policy
  • Policy on Disclosure of Info Under Listing Regulations
  • CSR Policy
  • Policy on Related Party Transactions
  • Policy on the Preservation of Documents
  • Dividend Distribution Policy
  • Policy on Material Subsidiary
  • Investors' Policy
  • Code of Corporate Disclosures
  • Policy on Directors' Appointment and Policy on Remuneration
  • Direct Touch (Whistle Blower Policy)
  • Code of Ethics and Conduct
  • Ethical & Responsible Marketing Policy
  • Tax Responsibility Policy
Stakeholder Engagement
Risk Management
download-pdfAnnual Report 2023-24