Finolex Cables Ltd

Finolex Cables Ltd, the flagship company of the Finolex Group was established in 1958 in Pune. Today, it is India's largest and leading manufacturer of electrical and telecommunication cables with a turnover in excess of Rs.16 Billion (about US $ 320 million)

The company started its operation with the manufacture of PVC insulated electrical cables for the automobile industry. Since then, the Company has constantly endeavored to augment its product range to include, PVC insulated industrial cables , FR-LSH PVC Insulated Industrial Cables, PVC insulated single core and multicore flexible industrial cables, Rodent Repellent Multicore Flexible industrial Cables, PVC Insulated Winding Wires and 3 Core Flat Cables, XLPE 3 Core Flat Cables, Power and Control Cables, High Voltage Power Cables (Upto 33 kV), Polyethylene Insulated Jelly Filled Telephone Cables, Auto & Battery Cables, Co-axial and CATV cables, LAN Cables, Switchboard Cables, Fibre Optic Cables and others.

The company has manufacturing facilities at Pimpri and Urse in Pune as well as at Goa & Uttarakhand. The company has, over the years, established its reputation as an innovative leader and quality manufacturer by continuously upgrading technology, modernizing manufacturing facilities and maintaining highest standards of quality and services. Today, the name Finolex has become synonymous with Quality and enjoys overwhelming confidence of the customers. Investors have also fancied its stock in view of its phenomenal progress leading to a manifold increase on investment in stock through the years.

The company has received the ISO 9002 systems certification across all product lines and plants. Besides ISO 14001-quality certification has been accorded to its plants in Urse (JFTC & Co-Axial) and Goa (JFTC & HW) and Pimpri.

Every cable is manufactured using bright annealed electrolytic grade copper – 99.97% pure manufactured in house and is insulated with virgin grade PVC (manufactured by group company Finolex Industries Limited) that is formulated in-house.

The company has received several honours such as Harvard Business School Association of India - Economic Times award for "corporate excellence"; IIM - LIC award for 'marketing' and the Engineering Export Promotion Council's 'export performance certificate'. Recently, the company was awarded the Export House status by the Directorate General of Foreign Trade.

Vision

To maintain Leadership by being the Largest and most Diversified Cable Company in India through Total Quality, Latest Technology and the Best Customer Service.

Board of Directors

Mr. D.K. Chhabria
Executive Chairman

Mr. P.P. Chhabria

Dr. H.S. Vachha

Mr. Atul C. Choksey

Mr. Sanjay K. Asher

Mr. P.G. Pawar

Mr. S.B. (Ravi) Pandit

Mr. Pradeep R. Rathi

Mr. Adi.J. Engineer

Dr. Vikas G. Pai

Mr. Mahesh Viswanathan
Executive Director & Chief Financial Officer

Manufacturing Plants

Finolex Cables has always been striving for offering better products to market on time. For achieving this Finolex Cables has set up four modern state of the art plants .These manufacturing Plants are located in Pimpri (Pune),Urse (Pune),Goa & Roorkee (Uttarakhand).

All these manufacturing plants are well equipped with latest state-of-the art modern machinery for producing quality product. All the plants are ISO 9001 certified .In addition to this all plants are ISO 14000 certified. All the plants are equipped with the testing facilities for assuring the best quality products. All these plants are continuously upgraded to latest & modern technology for offering quality product at competitive prices. The safety records of all these plants are excellent.

These plants produces electrical & telecommunication cables,LT & HT Power & Control Cables,Electrical Switches,Compact Fluorescent Lamps (CFL's),PVC Sheets & Copper Rods.

Quality Policy

Finolex Cables Limited is engaged in the manufacture of various types of electrical and communication cables. We at Finolex Cables Limited constantly strive to meet and exceed customer expectations in our on-going quest for excellence.


Accordingly, we are committed to:

    Complying with the requirements of the quality management system implemented.
    Effectively utilising the available resources;
    Constant striving for improving the level of customer satisfaction; and
    Continually improving the effectiveness of the quality management system


Code of Conduct

DIRECTORS AND SENIOR MANAGEMENT
The Board of Directors (the "Board") and the senior management ("core management team including all functional heads") of Finolex Cables Limited (the "Company") do affirm and subscribe to the following Code of Conduct adopted by the Board.  All employees of the Company are exhorted to abide by this Code.


Philosophy
The Company's philosophy envisages attainment of transparency, accountability and propriety in the total functioning of the Company and in the conduct of its business internally and externally, including its interactions with employees, shareholders, deposit holders, creditors, consumers and institutional and other lenders.
The Company believes that its systems and actions must be dovetailed for enhancing performance and shareholder value in the long term.


Ethical Conduct / Conflict of Interest
All employees of the Company shall act honestly in good faith, use due care and diligence in performing their duties, exercising their powers and avoid situations in which their personal interest could conflict with the interest of the Company.  Whilst it is not possible to provide a comprehensive guidance in such matters nevertheless the guiding principle is that any conflict or potential conflict must be disclosed to higher management for guidance and appropriate action.


Transparency
All employees of the Company shall ensure that their actions in the conduct of business are totally transparent except where the needs of business security dictate otherwise in the best interests of the Company.


Financial reporting and records
The Company shall prepare and maintain its accounts fairly and accurately in accordance with accounting and financial reporting standards which represent the generally accepted guidelines, principles, standards and applicable laws and regulations.
Internal accounting and audit procedures shall endeavour to fairly and accurately reflect all of the Company's business transactions and disposition of assets.  The Company's auditors and authorised parties / government agencies shall have access to all required information.


Internal Dealings / Gender Friendly workplace
All employees of the Company will uphold the core values of trust, teamwork, mutuality and collaboration, meritocracy, objectivity, self respect and human dignity.
In order to enhance equal opportunities for men and women; to prevent / stop / redress sexual harassment at the workplace, the Company is committed to a gender friendly workplace.  Accordingly, all employees shall demonstrate and promote professional behaviour and respectful treatment to others in the workplace.  Employees are encouraged to report any harassment concerns to senior management for guidance and appropriate action.


External Dealings
All employees shall ensure that the Company's interests are never compromised in their dealings with suppliers and customers.  To avoid the possibility of compromising the Company's interests, employees shall refrain from accepting gifts and presents of more than a nominal value or any gratuity payments or other payments from customers and suppliers.  Employees should note that failure to adhere to this requirement will be viewed as a serious breach of discipline inviting appropriate action.


Confidentiality of Information
No employee shall either use or disclose any confidential information gained in the course of employment with the Company for personal profit or for the advantage of any other person.  No employee shall provide any information whether formally or informally to the press or to any other publicity media unless specifically authorised to do so by the Company.
An employee of the Company and his immediate family shall not derive any benefit or assist others to derive any benefit from the access to and possession of information about the Company or of its associate companies, which is not in the public domain and thus constitutes insider information.


Health, Safety and Environment
The Company believes in providing a safe and healthy working environment by promoting good physical working conditions, standards of hygiene, housekeeping and preservation of the environment.


Regulatory compliance
The Company attaches great importance to legal and regulatory compliance in the conduct of its business affairs.  In case of necessity the course of action chosen shall be supported by opinion of counsel or experts which should be documented.
No employee of the Company shall engage in conduct likely to bring discredit to the Company and shall, in his or her business conduct, comply with all applicable laws and regulations, both in letter and in spirit.


Protecting Company's assets
The assets of the Company should not be misused.  Even in their use for Company purposes, employees shall exercise care to ensure that costs are reasonable and avoid wastage in Company expenditure.


Reporting concerns
Every employee of the Company shall promptly report to the management any actual or possible violation of this Code, or of any event that he or she may become aware of that could affect the business reputation of the Company.


Role models
No matter how much attention management pays to developing a professional code for the organisation, it is only when senior managers visibly exhibit high professional and ethical standards through their words and actions that they become role models for others in the organisation and thus raise its overall level of professional behaviour.  Senior management must constantly reinforce through their actions and behaviour that Company's stated beliefs are rooted in their individual conviction and personal integrity.

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