Corporate governance is an ethically driven business process that is committed to
values and conduct aimed at enhancing an organization’s wealth generating capacity.
This is ensured by taking ethical business decisions and conducting the business
with a firm commitment to values, while meeting stakeholders’ expectations. Good
governance practices stem from the culture and mindset of the organisation and at
SpiceJet we are committed to meet the aspirations of all our stakeholders and believes
in adopting best corporate practices for ethical conduct of business. It is well
recognized that an effective Board of Directors is a pre-requisite for strong and
effective corporate governance. Our Board and Committees thereof are formed as per
requirement of Companies Act, 1956 read with listing agreement which oversees how
the Management serves and protects the long-term interests of all our stakeholders.