Prime Stone Developers

Corporate Governance

Accountability, transparency and principled leadership

Our Framework

Five Pillars of Governance

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Accountability

Leadership is accountable to all stakeholders — customers, investors, regulators and community.

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Transparency

All financial, regulatory and operational information is disclosed completely and promptly.

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Compliance

Zero tolerance for regulatory breach. RERA, environmental, labour and tax compliance is non-negotiable.

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Ethics

Our Code of Conduct governs all business dealings, from procurement to customer relations.

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Risk Management

Proactive identification and mitigation of financial, operational and regulatory risks.

Our Commitments

Governance Objectives

  1. Maintain 100% RERA registration across all projectsEvery residential development is registered under RERA before any marketing commences.
  2. Separate escrow accounts for all project fundsCustomer advances are held in dedicated project escrow accounts, ensuring funds are used only for the relevant project.
  3. Independent audit and financial controlsAnnual statutory audits by nationally recognised chartered accountants, with quarterly management accounts.
  4. Transparent land acquisition processesAll land dealings are documented with full title searches, legal opinions and registered agreements.
  5. Whistleblower and grievance mechanismsAll stakeholders — employees, contractors, customers — have direct channels to escalate concerns to senior leadership.
For Investors

Investor Relations Overview

Company Overview

Detailed company profile, history and corporate structure for prospective investors and institutions.

Growth Strategy

Our five-year pipeline and expansion roadmap across NCR's highest-potential micro-markets.

Governance Standards

Board composition, audit practices, and compliance framework documentation.

Future Pipeline

Upcoming project launches, land acquisition activity, and partnership opportunities.

Financial Discipline

Conservative leverage, ring-fenced project funds, and rigorous return-on-capital management.

Risk Management

Comprehensive risk frameworks covering market, regulatory, operational and financial risks.

"Governance is not a box to be ticked. It is the daily practice of doing business as though every stakeholder is watching — because they are, and they deserve to see nothing less than our best."
Vijay Chhabra, Chairman