The company, with an objective to lay down fair and transparent methodology, has been voluntarily following the guidelines of Central Vigilance Commission in its procurement process and presidential directives on reservation policy in the recruitment process. Among other things, the procurement manual of the company contains the standard bidding documents, general terms and conditions of contract etc. Reports on the complaints received, complaints resolved, disciplinary action taken, investigation conducted by Chief Vigilance Officer etc. are periodically submitted to Chief Vigilance Officer (Monthly), Managing Director (Quarterly) and the board of directors (Half yearly) for their consideration and necessary action, if any.

The details of Chief Vigilance Officer are as under:

Shri T R Sivakumar,
Dy. Chief Vigilance Officer,
Bank Note Paper Mill India Private Limited
Administrative Building, Entry Gate 1, Paper Mill Compound,
Note Mudran Nagar, Mysuru - 570 003
Ph: 0821 2401 138
E-mail id:

The details of IEM are as under:

Independent External Monitor (IEM),

1. Vice Admiral Arun Kumar Bahl (retd.), Email:

In compliance to the provisions of section 177 of the Companies Act 2013, the company has also established the Vigil Mechanism Policy with an objective to prevent or deter the improper or illegal activities. With the use of vigil mechanism, any employee/director can inform the nodal officer about the alleged wrongful conduct in the prescribed format and the disciplinary action, where needed, will be taken in accordance with the policy.

The details of the nodal officers are as under:

Suspect Address of Nodal officer
Employees other than Managing Director

The Managing Director
Bank Note Paper Mill India Private Limited, Administrative Building,

Entry Gate 1, Paper Mill Compound,Note Mudran Nagar, Mysuru – 570003

Managing Director The Chairman,
Bank Note Paper Mill India Private Limited
c/o Security Printing and Minting Corporation of India Limited
16th Floor, Janpath, New Delhi – 01

Please click here to download the Vigil Mechanism Policy of the Company.

This is the official website of BNPM

A JV of SPMCIL - A Govt. of India Enterprise & BRBNMPL - A Subsidiary of RBI

Last Updated : 19-Jan-2024

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