30 Best Business Leaders of the Year 2019 30 Best Business Leaders of the Year 2019 | Page 17

and increasing returns to the
shareholders year after year. The
Company has put in place a robust
system for solving Investors’
grievances/complaints promptly.
Information dissemination on
all the developments relating
to the company through half-
yearly communications to all the
shareholders and also through
various disclosures to the statutory
authorities to help investors in
making considered decisions is
also done promptly. The Company
adheres to all the statutes in the
furtherance of Investors’ interest.
Corporate Social
Responsibility
Coromandel’s business interest is
not limited to commercial profit
alone. Its corporate responsibility
does not stop with merely
increasing shareholder value.
Coromandel associates with
various community development
activities in the communities
around its manufacturing facilities
as well as in the markets in which
it operates.
SHE
Coromandel gives topmost priority
to Safety, Health and Environment
(SHE) performance and standards
across all its plants. Coromandel
regularly assesses and works
towards making sure that all the
company’s plants achieve the
best standards in terms of SHE
performance.
When operations involve the
handling of chemical products,
following health, safety and
environment procedures become
a necessity and a responsibility.
Coromandel gives utmost
importance to the concept of
employee health and safety given
the nature of manufacturing
operations.
It has voluntarily adopted the
Process Safety Management
System (PSMS) to prevent
hazardous incidents. Coromandel
also follows ISO 9001, ISO 14001
and OHSAS 18001 standards.
The firm has drafted a
comprehensive QSHE policy to
ensure the highest standards
possible in SHE management
systems, fuelling dynamism
in quality, safety, health, and
environmental performance and
driving continuous improvements
through the development of
key performance indicators for
benchmarking;
SR
The Leader of the Firm
Mr. M. M. Murugappan, Chairman
Mr. M. M Murugappan, aged 62 yrs. holds a Master’s
degree in Chemical Engineering from the University of
Michigan, USA. He has held the position of Managing
Director of CUMI in the past. Besides serving as
the Chairman of CUMI, Tube Investments of India,
Cholamandalam MS General Insurance Company
Limited, he is on the Boards of several companies
including Mahindra & Mahindra, IIT Madras Research
Park, Cyient and TI Financial Holdings Limited. Mr. M.
M. Murugappan was elected as a fellow of the Indian
Ceramic Society and is also a member of the American
Institute of Chemical Engineers, Indian Institute of
Chemical Engineers, Plastics & Rubber Institute. He is
also a member of the Board of Governors, IIT Madras.
Mr. M. M. Murugappan, Chairman
september 2019
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