Ethical Compliance

SESHASAYEE PAPER & BOARDS

Revenue

2.5%

Debt

0.9%

Liquidity

25.4%

Revenue

Debt

Liquidity

2.5%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Paper and Paper Boards
₹1,780.34

  Other Operating Income
₹21.49

  Other Income
₹3.92

Questionable

INR Crores

  Dividend income
₹1.76

Non Compliant

INR Crores

  Interest income
₹44.35

INR Crores

Revenue from Questionable Sources:₹1.76
Revenue from Non Compliant Sources:₹44.35
Total:₹46.11
Total Revenue:₹1,851.86

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹46.11

₹1,851.86

= 2.5%

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.