Corporate Governance
The Board of Hayleys Fabric is responsible for the direction and oversight of company on behalf of the shareholders and is accountable to them, as owners, for all aspects of Hayleys Fabric’s activities.
Hayleys Fabrics PLC complies fully with the requirements of the Companies Act No. 7 of 2007, the Listing rules of the Colombo Stock Exchange (CSE) and the voluntarily adopted Code of Best Practice on Corporate Governance 2007 issued jointly by the Institute of Chartered Accountants of Sri Lanka and the Securities and Exchange Commission of Sri Lanka.
The board has developed and approved a set of broad governance principles which set out its approach in this area.
The board also reports on its corporate governance activities and performance each year in its 'Corporate Governance report’ which forms part of Hayleys Fabric's Annual Report.
