Ethical Compliance

GANGES SECURITIES

Revenue

31.2%

Debt

0%

Liquidity

6.7%

Revenue

Debt

Liquidity

31.2%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Tea & Tea Waste Sale
₹24.41

  Rent Income
₹0.25

  Other Income
₹0.16

Questionable

INR Crores

  Dividend Income
₹6.77

Non Compliant

INR Crores

  Interest Income
₹3.64

  Other Interest
₹0.86

INR Crores

Revenue from Questionable Sources:₹6.77
Revenue from Non Compliant Sources:₹4.50
Total:₹11.27
Total Revenue:₹36.10

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹11.27

₹36.10

= 31.2%

non-compliant

Rationale

The sum of revenue from questionable and non-compliant sources should not exceed 3% of the total revenue. This ensures that the company has tolerable reliance on unethical sources of revenue.