The essence of corporate governance is about maintaining the right balance between economic, social, individual, and community goals. At Tata Power, good corporate governance is a way of life. It is ingrained in our organization's fabric and daily operations. The company focuses on enhancing long-term value creation for all stakeholders without compromising integrity, societal obligations, and environmental and regulatory compliances. Our values and principles govern our actions, reinforced at all levels of the organization. These principles have been and will continue to be our guiding force in the future.

Good corporate governance is a synonym for sound management, transparency, and disclosure for our Company, encompassing good corporate practices, procedures, standards, and implicit rules that propel a company to make sound decisions. As a company with a strong sense of values and commitment, Tata Power believes that profitability must go hand-in-hand with a sense of responsibility towards all stakeholders. This is an integral part of our company's business philosophy. The cardinal principles such as independence, accountability, responsibility, transparency, trusteeship, and disclosure serve as means for implementing the philosophy of corporate governance

This philosophy is reflected and practiced through the Tata Code of Conduct, the Tata Business Excellence Model, the Tata Code for Prevention of Insider Trading, and the Code of Corporate Disclosure Practices, which serve as guidelines for "Leadership with Trust." The company is committed to focusing its energies and resources in creating and positively leveraging shareholders' wealth while safeguarding the interests of all stakeholders. This is our path to sustainable and profitable existence and growth