Vigil Mechanism / Whistle Blower Policy

Wockhardt Hospitals believes in doing it’s activites in a fair and transparent manner by adopting highest standards of professionalism, honesty, integrity and ethical behaviour. This policy lays down the principles and standards that should govern the actions of Wockhardt Hospitals and by our directors/employees . Any actual or potential violation irrespective of its importance or perceived as such, would be a matter of serious concern for the company. The role of our directors/employees in pointing out such violations of the Code cannot be undermined.

1. Purpose

The Companies Act, 2013 and the rules framed thereunder mandated that a vigil mechanism be established for the directors and employees to report their concerns or grievances to be overseen by the Audit Committee Every director or employee of Wockhardt Hospitals shall promptly report to the management any actual or possible violation of the Polciy or an event he becomes aware of that could affect the business or reputation of our units as well as the company or any group company. Accordingly, this Vigil Mechanism /Whistle Blower Policy (“the Policy”) has been formulated with a view to provide a mechanism for director and employees of the Company to approach the higher authority of the Company.

2. Scope

All directors and employees who support the operations of Wockhardt Hospitals and allotted/ engaged to work in the hospitals, offices and premises managed and or operated by Wockhardt Hospitals in India.

3. Definition

4. Details of the Policy


5. Procedure

6. Investigation

7. Protection

No unfair treatment will be given to a Whistle Blower by virtue of his/her having reported a Protected Disclosure under this Policy. The company, as a policy, condemns any kind of discrimination, harassment, victimization or any other unfair employment practice being adopted against Whistle Blowers. Complete protection will, therefore, be given to Whistle Blowers against any unfair practice like retaliation, threat or intimidation of termination/suspension of service, disciplinary action, transfer, demotion, refusal of promotion, or the like including any direct or indirect use of authority to obstruct the Whistle Blower’s right to continue to perform his duties/functions including making further Protected Disclosure.

8. Investigators

9. Decision

The findings of investigation shall be submitted to the chair person for appropriate decision. It is clarified that any disciplinary or corrective action initiated against the subject as a result of the findings of an investigation pursuant to this policy shall adhere to the applicable associate conduct and disciplinary procedure.

10. Modifications / amendments

The Company reserves right to amend this policy either in whole or in part, at any time. Any such amendment shall take effect from the date on which it is approved by the Board of Directors of the Company.Effective Date : 23.03.2015