At Pratyancha Financial Services Limited (PFSL), we are deeply committed to the highest standards of corporate governance. Our governance framework is built on transparency, accountability, integrity, and responsibility. We believe that sound governance is essential for the long-term sustainability of our organization and the trust of our customers, partners, and stakeholders.

Key Governance Principles :

📌 Transparency and Accountability

We operate with full transparency in all our operations, ensuring that our financials, decisions, and actions are clearly communicated to stakeholders. Our governance structure ensures that we are accountable for our performance, both socially and financially.

📌 Ethical Conduct and Integrity

We uphold ethical conduct in every aspect of our business, from financial reporting to customer interactions. Our management team, directors, and employees adhere to a strict code of conduct that promotes integrity, fairness, and professionalism in all dealings.

📌 Board of Directors

Our Board of Directors provides strategic direction and oversight for the company. The board comprises professionals with diverse backgrounds in finance, microfinance, technology, corporate governance, and social impact. The directors are committed to making decisions that align with the best interests of the company and its stakeholders.

📌 Compliance with Laws and Regulations

We comply with all applicable laws and regulations set by regulatory authorities like the Reserve Bank of India (RBI), SEBI, MFIN, and other relevant bodies. This compliance ensures that our operations are transparent, and we provide responsible financial services to our clients.

📌 Risk Management

Pratyancha has a robust risk management framework that identifies, assesses, and mitigates risks across operations. We continuously monitor financial, operational, and strategic risks to ensure sustainable growth and minimize potential threats.

📌 Internal Controls and Audits

We maintain a strong internal control system and conduct regular audits to ensure that financial reporting is accurate and operations run smoothly. Our internal audit team works closely with external auditors to identify and address any discrepancies or inefficiencies.

GOVERNANCE

📌 Board of Directors

The Board of Directors is responsible for the strategic oversight and governance of Pratyancha Financial Services Limited. The board ensures that Pratyancha is following ethical business practices and complies with industry regulations.

📌 Committees

To strengthen our governance framework, we have established several committees:

🎩 Audit Committee: Responsible for overseeing financial reporting and auditing processes.

🎩 Risk Management Committee: Focuses on identifying and mitigating business and financial risks.

🎩 Nomination & Remuneration Committee: Ensures the selection and remuneration of key management personnel follow industry standards.

🎩 Compliance Committee: Ensures that all regulatory requirements and legal standards are met.

📌 Management Team

The management team executes the strategic goals set by the board while adhering to the company's ethical standards and operational protocols. The management team reports directly to the board, ensuring operational transparency and alignment with governance guidelines.