• Code of Business Conduct
    Our business decisions are steered by the core tenets mentioned in our vow.

    We observe high standards of business and personal ethics in the conduct of our duties and responsibilities. This is achieved by the practice of fair dealing, honesty and integrity in every aspect of dealing with the public, the business community, customers, suppliers, competitors and government authorities.  When acting on behalf of the company, the promoters and employees shall not take unfair advantage through manipulation, concealment, abuse of privileged information, misrepresentation of material facts, or other unfair-dealing practices.  Acting with honesty and integrity, avoiding actual or apparent conflicts of interest in personal and professional relationships.

    The Company (Kautilya Commodities) may enter into business relationships with other persons and companies outside Madagascar. These "International Business Relationships" can take the form of agency agreements, joint ventures and other forms of business combinations. Company policy governs the manner in which it will enter into and manage these business relationships.

    The term "International Business Relationships" includes the following:

    • Employment of an agent, consultant, sponsor or any other party to assist the Company in obtaining work or projects, personnel visas, import licenses, facilities or other matters necessary for operation within a country or region;
    • Entering into a joint venture, consortium or shareholder agreement, or any other arrangement where another party obtains an equity interest in the business of an entity in which the Company also owns an interest or a share of the profits from any work performed by the Company;
    • Entering into a distribution, marketing, sales representation or licensing agreement where another party distributes, markets, sells or licenses others or obtains a license relating to the services, products or technology of the Company; or
    • Entering into a contract or subcontract where another party will perform the majority of the work to be performed under the Company's contract.

    "International Business Relationships" do not include subcontracts or purchase orders for goods or routine services in the regular course of business.

    While International Business Relationships are useful in the conduct of the Company's business, they must be adequately subject to the Company's systems of control to protect the Company's assets against unauthorized use.