Corporate Governance

CORPORATE GOVERNANCE

Teejay Lanka PLC is a Public Limited Company listed in the Colombo Stock Exchange (CSE) and registered under the Companies Act No. 07 of 2007.

Governance Structure

The Board of Directors of Teejay Lanka PLC comprises of seven (07) Non-Executive Directors of which two (02) are Independent Non-Executive Directors.

Board of Director
1. Audit Committee
2. Remuneration Committee
3. Related Party Transactions Review Committee
4. Chief Executive Officer
  (CEO)
  1. Executive Committee (EXCO)
    1. Group Leadership (CFT)
      1. Factory Leadership Team (FLT) - Teejay India
      2. Factory Leadership Team (FLT) - Teejay Lanka
      3. Factory Leadership Team (FLT) - Teejay Prints

Teejay operates within the statutes and has adopted and complies to a collection of best Governance practices which are;

Regulatory Framework

Companies Act No. 07 of 2007
The shop and office Employees Act No. 15 of 1954
Factories Ordinance No. 45 of 1942
BOI Regulations
Continued Listing Requirements of the Colombo Stock Exchange
Sri Lanka Accounting and Auditing Standards Act No. 15 of 1995
Inland Revenue Act No. 24 of 2017
Customs Ordinance

Voluntary Standards, Codes & Frameworks

Code of Best Practice on Corporate Governance issued by CA Sri Lanka 2017
Integrated Reporting Framework issued by IIRC
Global Reporting Initiative Standards
Quality Standard certifications obtained by companies
Requirements of Environmental & Social Certifications

Internal Documents & Policies

Article of Association
Board Charter
Human Rights Policy
Whistle Blower Policy
Health & Safety Policy
Grievance Handling Policy
Anti-Sexual Harassment Policy
Declaration of Conflict Interest

For more information please refer to the below attachment

Corporate Governance from Annual Report

Related Links

Company Overview

Considered to be the largest Textile Group and Knit Fabric Provider in South Asia, the Teejay Group specializes in ...

As the largest knit fabric provider in South Asia, we take pride in being progressive, buoyant and trendy. Giving ...

The company’s journey from inception, through innovations and transformations to current success.

Awards & Credentials

Constant commitment to progressive excellence has resulted in Teejay receiving numerous accolades over ...

Board of Directors

The Board of Directors of the Company have a wealth of financial and commercial knowledge and experience.

Leadership Team

Teejay Lanka has a multi-disciplinary leadership team with a wealth of experience managing the business.

A weft knit product manufacturer and exporter of dyed and printed single jersey, rib and interlock fabric, ...

Teejay Lanka Prints (Private) Limited (Formerly known as Quenby Lanka Prints (Private) Limited) is a leading ...

Corporate policies applicable to all employees and Directors of Teejay Group, and policies governing suppliers of goods and services.