Policies & Disclosures
Our commitment to integrity, transparency, and compliance with SEBI guidelines.
Building Trust Through Transparency
At ACER, we operate with the highest standards of ethics and regulatory compliance. Below you can access our official policies and disclosures.
Nomination and Remuneration Committee (NRC)
Dr. M.S. Sahoo
Independent Director
Sunil Mehta
Chairman
Ajay Kumar Choudhary
Independent Director
Ratings Sub-committee of the Board (RSC)
Ajay Kumar Choudhary
Independent Director
Dr. M.S. Sahoo
Independent Director
Dr. Girraj Prasad Gupta
Independent Director
Audit & Risk Committee (ARC)
Dr. Girraj Prasad Gupta
Independent Director
Ajay Kumar Choudhary
Independent Director
Kamlesh Kumar Taneja
Executive Director
Policy Hub
Code of Conduct
Our analysts and committees follow a strict Code of Conduct to ensure objectivity and independence in ratings.
Key Principles:
- Integrity in all rating assignments.
- Independence from commercial or issuer influence.
- Confidentiality of client information.
- No conflict of interest in rating decisions.
Conflict of Interest Policy
ACER has a clearly defined framework to avoid and manage conflicts of interest.
Policy Highlights:
- Analysts cannot rate entities where they have financial interest.
- Issuer-pays model disclosures are made public.
- Separate teams for commercial (business development) and analytical functions.
- Rating committee decisions are independent and free from commercial pressures.
ACER ensures complete separation of commercial considerations and analytical judgments.
Rating Withdrawal Policy
Ratings may be withdrawn under specific conditions, in line with SEBI regulations.
Conditions for Withdrawal:
- Full redemption of the rated instrument.
- Non-cooperation by issuer (after due notices).
- Upon regulatory approval, if applicable.
Process:
Issuer request → Due diligence by analysts → Rating Committee review → Public disclosure.
ACER ensures complete separation of commercial considerations and analytical judgments.
SEBI & RBI Disclosures
All Disclosures
Get in Touch
Fill out the form below and our team will get back to you shortly.
Ratings are not investment recommendations.
All disclosures are published in compliance with SEBI and are updated on a periodic basis.