Investor Relations (IR) is a strategic management responsibility that integrates finance, communication, marketing, and securities law compliance to enable the most effective two-way communication between a company, the financial community, and other constituencies. This critical function ultimately contributes to a company's securities achieving fair valuation. The term IR describes the department of a company devoted to handling inquiries from shareholders and investors; as well as others who might be interested in a company's stock or financial stability.
The investor relations function must be aware of current and upcoming issues that an organization or issuer may face, particularly those that relate to fiduciary duty and organizational impact. It must be particularly able to assess the various patterns of stock-trading that a public company experience, often as the result of a public disclosure (or any research reports issued by financial analysts). The investor relations department must also work closely with the Corporate Secretary on legal and regulatory matters that affect shareholders.
The Sarbanes-Oxley Act of 2002 significantly increased the importance of investor relations in the financial markets. The act established new requirements for corporate governance and regulatory compliance, with an increased emphasis on accuracy in auditing and public disclosure. Notable provisions of the act that apply to investor relations include enhanced financial disclosures and accuracy of financial reports, real-time disclosures, off-balance-sheet transaction disclosures, pro forma financial disclosures, management assessment of internal controls, and corporate responsibility for financial reports. More specifically, Sarbanes-Oxley sections 301, 302, 404, and 802 have been of particular interest to companies improving corporate compliance. Similar to Sarbanes-Oxley are the Keeping the Promise for a Strong Economy Act (Budget Measures), 2002 in Canada, Financial Security Law of France in France, and J-SOX in Japan. The European MIFID directive, although principally concerned with investor protection, also covers regulation and compliance for listed European companies.
NIMS is very serious about the IR concept & its impact on business. We greatly value open, meaningful, and effective dialogue with investors. We believe in honest and timely communication to share information and ideas. We will maintain multiple channels to achieve this. All investors can freely express their opinions and send their feedback to the Board. A special team is responsible for feedback gathering and analysis.
We constantly strive to improve the way in which information is distributed to our investors and all other stakeholders. We communicate with our investors on a regular basis via:
>> Periodic financial reports
>> Annual accounts
>> Face-to-face dialogue
>> Conference calls
>> Routine e-mail correspondence
>> Valuation updates
>> Annual investor conferences
NIMS has an advisory board comprising a two tier panel : (1) Executive Directors and, (2) Independent Directors. Decision making and Policy & Strategy formulation are based on the board's assessment and approval. Advice of independent directors is sought in all critical decision making. The independent directors provide continuous guidance on major corporate affairs to ensure functional effectiveness and legal & ethical compliance key role of the advisory board is to resolve potential conflicts of interest.
NIMS shall be adhering to a set of standardized guidelines for fund generation, fund application, and compliance with relevant terms and conditions proposed by the Securities & Exchange Board of India (SEBI). Our investor relationship management is based on the best practices to ensure absolute investor protection. We ensure that everything is transparent to sustain high investor confidence.
In addition to regular dialogue with our investor base, NIMS shall be employing mechanisms to responded to specific member requests and sensitivities concerning compliance with regulatory guidelines for better alignment of interests. NIMS shall consistently adopt a proactive approach to its alignment of interest with investors. We will work closely with relevant regulatory bodies and investors in the years ahead for the benefit of our investors' interests.
At NIMS portal, our investors will soon be able to download all relevant documents - including current and historic quarterly reports, call and distribution notices, press releases and soon. .
If you have any other queries, please contact one of the Investor Relations team below:
Mohammed Ashraf
Prinja Anil
V.K.Abdul Nazar
Arun Kumar
Anil Pillai
P.M.Saleem
Capt. Elias
+97 - 50 - 6153242
+91 – 9400702811
+91 – 9443280578
+971 - 50 - 6258056
+971 - 55 - 2698180
+971 - 55 - 7943862
+91 - 9741673886
At NIMS, transparency and disclosure are critical to our existence. We shall always strive to ensure that our investors, and all stakeholders can rely on us to operate in a responsible and ethical manner. Our solid commitment to fairness, justice, professionalism, integrity, integrity, and moral rectitude are amply reflected in our values and principles.
As a responsible healthcare company, NIMS is committed to properly filing extensive information about its operations, financial performance, and corporate governance with all relevant regulatory bodies. Please consult the corporate governance page of our website for the relevant corporate governance information.
All of our asset management and businesses shall remain registered with the relevant regulatory bodies in multiple jurisdictions (where necessary).
All of our operations will be in compliance with ethical and professional principles values.
NIMS shall seek to be an active participant in industry-led efforts to improve transparency and disclosure and promote the highest standards of responsible business.
Q. What's the scope of NIMS ?
A. NIMS has been designed to be an exquisite Integrative Medical centre offering treatments in all the major disciplines – Allopathy, Ayurveda, Siddha, and Homeopathy – in addition to Western Medicine. We will be offering a wide range of Holistic wellness programs to address the health challenges that people confront in these days of high stress, toxicity, and multiple health hazards.
Q. What makes NIMS an ideal healing centre ?
A. NIMS - IMC is a seamless blend of the classic and the contemporary. Elegantly situated amidst a vast expanse of lush greenery composed of exuberant herbs, shrubs, and trees, and splendidly blended with lawn, meadows, and walkways, it is an epicenter of peace and tranquility. It is an ideal place to relax and rejuvenate.
This pristine and enchanting environment is best suited to practice such authentic, time-tested Indian Sciences – Ayurveda, Siddha, and, Yoga. Our Holistic therapies are designed by expert Ayurvedic physicians; and are delivered by well-trained therapists using pure, safe, and effective traditional herbal medicines and oils. We offer a splendid, eco-friendly resort that makes the guests feel relaxed.
Q. Can you present an overview of the venture?
A. To achieve the goals, NIMS has been created as a Public Limited Company. Hence it will have the specific number of directors, in compliance with the regulations of Securities & Exchange Board of India. In the near future, the company will seek listing in stock exchange by IPO issue.
Q. How sound & fool-proof is the Corporate Governance ?
A. NIMS' Corporate Governance is managed by CG Committee, which is a committee of the Board of Directors. The board comprises fifteen Executive Directors and two Independent Directors. Specific policies have been formulated to guide the board. Operational management is led by a team that includes senior executives and special consultants. NIMS' business will be based on the EFQM (European Foundation for Quality Management) Excellence Model. The EFQM model will be deployed by a team of special consultants.
Q. How effective is the investor relationship management?
A. We consider business ethics, corporate governance, and transparency of operations highly critical to our existence. NIMS' Code of Business Ethics will be continually reviewed and updated in response to emerging situations. Our Code is built on a foundation of our core values & principles. It covers a extensive set of behaviors for our people to put our credo in action. We provide examples of how our guidelines apply to everyday work at our operations.
Our Ethics & Compliance program includes written standards and procedures; training and communications; visible support of senior leadership; appropriate monitoring & delegation of authority; auditing; consistent enforcement and discipline; quick response; and preventive measures.
NIMS is quite serious about the IR concept & its impact on business. We greatly value open, meaningful, and effective dialogue with investors. We believe in honest and timely communication to share information and ideas. We will maintain multiple channels to achieve this. All investors can freely express their opinions and send their feedback to the Board. A special team is responsible for feedback gathering and analysis.
NIMS shall be adhering to a set of standardized guidelines for fund generation, fund application, and compliance with relevant terms and conditions proposed by the Securities & Exchange Board of India (SEBI). Our investor relationship management is based on the best practices to ensure absolute investor protection. We ensure that everything is transparent to sustain high investor confidence.
In addition to regular dialogue with our investor base, NIMS shall be employing mechanisms to respond to specific member requests.
Q. How can the investors expect effective and ethical running of the business?
A. NIMS will be governed by a BOD selected by the investors. Specific policies will be formulated to guide the board. An advisory board would be developed in future for further corporate benefit and effectiveness.
We will be putting in place an effective organizational structure, corporate policy manual to guide all, and a world-class corporate governance structure & principles to ensure highly transparent & effective management. All relevant matters and developments will be regularly communicated to all.
Q. Can you brief on your growth strategy?
A. Our strategy is basically encompassed by Seven Strategic Pillars that sustain our all aspects of our business. They are :
1.
Leadership
2.
Policies & Strategies
3.
Human Capital
4.
Customer
5.
Society
6.
Suppliers / Associates / Partners & Resources
7.
Technology
We believe growth is a by-product in the pursuit of excellence, and hence growth for the sake of growth is not a worthy goal. NIMS will pursue organic growth strategy.
Q. You talk about becoming a world-class company. Can you explain what fundamentals you would be adopting to achieve it ?
A. To be succinct, NIMS will be designed as an organization that meets the following critical criteria that are the hallmarks of great companies :
1.
Performance. A great organization that generates enough cash flow (through highly profitable operations) to be self-sustaining. It would also have a solid track record of meeting the objectives set by the leaders.
2.
Impact. A great organization that plays a significant leadership role in shaping its industry. It would be able to influence by innovative approach.
3.
Reputation. A great organization that is admired and respected by people outside its walls, and would be a role model.
4.
Longevity. A great organization with staying power, remaining healthy for decades. It would be a self-renewing institution whose greatness can endure for generations of management.
WHAT WE INSTALL | WHAT WE CREATE | WHAT IT WOULD RESULT IN |
Leadership Style | Performance | |
Vision | A | Impact |
Strategy | Great | Reputation |
Innovation | Company | Longevity |
Tactical Excellence | ||
(© Jim Collins; Good to Great – NY : Harper) |