Policies and Corporate Governance

Opto Circuits (India) Ltd. has laid down the Company policies in specific areas of Quality, Environment, Health & Safety and Social accountability in order to achieve the Company’s vision. All these policies are aligned with International standards like ISO, OHSAS and SA.

The Company has also laid down a CODE OF CONDUCT & ETHICS for Directors and Senior Management.

I. Quality Policy

We, at Opto Circuits (India) Ltd. (OCI), are committed to comply with the requirements and achieve customer satisfaction through innovation & continual improvement in our process approach. This will be done by maintaining the effectiveness of the quality management system and by periodic review of our objectives. We shall operate within the framework of all applicable regulatory requirements.

II. Environment Policy

Opto Circuits’ environmental vision is "Conserve natural resources and minimize pollution”.
OCI is committed to the environmental vision set out by the Company at the campus (facility), by the involvement of all its employees and contractors.
 
Conservation of natural resources and minimization of pollution is a shared responsibility of OCI and its employees. Every employee has a level of accountability for ensuring the same. 

Opto Circuits will:

  • Provide and maintain a planned environmental management program
  • Identify, assess and control environmental aspects as far as practicable.
  • Develop and implement an optimum environmental management program with procedures and practices that aim to ensure as a minimum, compliance with relevant legislation, other requirements and to the good manufacturing practices. 
  • Provide adequate information, instruction, training and supervision to employees, contractors, and visitors.
  • Allocate resources to fulfill this commitment of the policy.
  • Review and audit the environment management programs, objectives and targets, to support continual improvement of Environmental vision.

Our ongoing commitment will strive to achieve our Environmental vision - “Conserve natural resources and minimize pollution”

III. Occupational Health & Safety Policy

Opto Circuits OH&S vision is "No Injuries in the campus (facility)". 

OCI is committed to the provision of safe and healthy working conditions of its employees and contractors, and to the safe custody of visitors to its campus.
Safety is a shared responsibility between OCI and its employees. Every employee has a level of accountability for ensuring their own safety and the safety of others.

We actively pursue our goal of an injury-free working environment and support any endeavor to prevent injury and harm.

Opto Circuits will:

  • Provide and maintain safe workplaces and working environments.
  • Identify, assess and control hazards as far as practicable.
  • Develop and implement safe working practices and procedures that aim to ensure as a minimum, compliance with relevant legislation and to the good manufacturing practices. 
  • Allocate resources to fulfill this commitment of the policy.
  • Review and audit safety against OH & S objectives and targets, to support continual improvement of OH & S performance.

Our ongoing commitment will strive to achieve our Safety Vision of “No Injuries in the campus (facility)".

IV. Social Accountability Policy

OCI wants to confirm the importance of creating a work environment that is socially responsible and that favours the professional growth of all employees, in compliance with local and international laws and human rights. 

For this purpose, the Company guarantees respect for the following requirements:

BASIC WORKING CONDITIONS

Respect for the freedom and dignity of employees.

CHILD LABOUR

The use of child labour is forbidden, and this policy is also promoted with the interested parties.

FORCED LABOUR

The use of forced labour is forbidden. Employing personnel against their will and making use of any kind of labour under threat of punishment is forbidden.

HEALTH AND SAFETY OF WORKERS

The right to health and safety in the workplace is guaranteed. OCI provides a safe and healthy workplace.

FREEDOM OF ASSOCIATION

Respect of the right to trade union freedom and collective bargaining.

WORKING HOURS AND REMUNERATION

The right to an appropriate remuneration and correct working hours is guaranteed.  

OCI guarantees payment of the salary as per the current legislation, making sure that it is sufficient to guarantee a respectable standard for living for the entire family. 

EQUAL SALARIES AND DISCRIMINATION

The right to equal pay to men and women for doing the same job is guaranteed.

The right to equal opportunities must also be respected at the time of employment or resignation and in case of promotion or training.  

Any form of discrimination is forbidden, including exclusion or preference based on race, gender, age, religion, political opinion, nationality, or social status. 

SOCIAL ACCOUNTABILITY MANAGEMENT SYSTEM

In terms of Monitoring and continuous Improvement, OCI commits to constantly review and maintain the “Social Accountability Policy”.

Code of Fair Disclosure

CSR Policy

Nomination Remuneration_and Evaluation Policy

Policy on Related Party Transaction

Policy on Material Subsidiaries

Whistle Blower Policy

Composition of Board Committees

Familirazation Programme for ID

Policy on Disclosure of Material Event and Information

Terms and Conditions of Appointment of Independent Director

OCIL- Archival Policy

OCIL- Policy on Preservation of Documents

KMP

Code of Conduct