Ghandhara Tyre & Rubber Company Limited (the “Company” or “GTYR”) is committed to the highest standards of corporate governance in line with the Companies Act, 2017 (the “Act”) and the Listed Companies (Code of Corporate Governance) Regulations, 2019 (the “Code”). The Board recognizes that robust governance safeguards stakeholders’ interests, supports sustainable performance, and enhances long term value creation.
The Company’s governance practices are anchored in the Act, the Code, the Rule Book of the Pakistan Stock Exchange (PSX), applicable SECP regulations, and the Company’s Memorandum & Articles of Association.
The Company follows the Code’s “comply or explain” approach for recommendatory provisions and fully complies with all mandatory requirements.
The Board has approved and periodically reviews key governance policies, including the Board Charter, Code of Conduct & Ethics, Conflict of Interest Policy, Related Party Transactions (RPT) Policy, Insider Trading & Closed Period Policy, Whistle Blower & Complaint Handling Policy, Risk Management Policy, and Delegation of Authority.