Internal controls are the mechanisms, rules, and procedures implemented by the company to ensure the integrity of financial and accounting information, promote accountability and prevent fraud. Besides complying with laws and regulations, internal controls improve operational efficiency by improving the accuracy, timeliness of financial reporting and enhance corporate governance. 

The risk assessment process is carried out continuously at the strategic and operational level and take the necessary preventive measures to minimize these risks. Risk Management Committee is involved in reviewing the business risks on a periodic basis to evaluate the residual risk and take any further preventive actions, as required. The Board of Directors continuously reviews the Company’s policies related to risk management while Executive Management also ensures that processes and systems operate efficiently at all levels of the company.