Compliance Document

Vendor Code of Conduct

This Code of Conduct outlines the mandatory standards, obligations, and expected behaviors for all registered vendors, suppliers, and business partners of Shyali Products Private Limited (SPPL).

Version 1.0
Last Updated: January 2026
Binding on All Vendors

Preamble

Shyali Products Private Limited ("SPPL", "Company") operates as a principal trading entity in agricultural commodities. By registering as a vendor with SPPL, you agree to abide by this Code of Conduct in all business dealings.

Important: SPPL issues its own invoices and bears commercial, credit, and execution risk. SPPL is not a payment aggregator, escrow operator, or intermediary.

1. No Direct Dealing Bypassing SPPL

Strictly Prohibited Activities

  • Direct negotiations between SPPL-connected buyers and suppliers without SPPL involvement
  • Side agreements or unofficial pricing discussions outside authorized SPPL channels
  • Order placement directly between parties introduced through SPPL
  • Payment routing outside SPPL's designated accounts for SPPL-facilitated transactions
  • Information sharing of pricing, terms, or commercial details received from SPPL with third parties

Permitted Communication

  • All business communication through SPPL-authorized representatives
  • Quality discussions with SPPL coordination and approval
  • Technical queries routed through official SPPL channels

2. No Mid-Transit Changes

Once goods are dispatched under SPPL authorization, the following changes are strictly prohibited without prior written approval from SPPL:

Destination Changes

No changes to delivery location, consignee address, or unloading point after dispatch.

Consignee Changes

No changes to receiving party, authorized signatory, or delivery contact details.

Documentation Changes

No alterations to e-way bills, invoices, LR/bilti, or transport documents post-dispatch.

Route Diversion

No unauthorized re-routing, transshipment, or diversion of goods to alternate locations.

Exception Process: In genuine emergency situations, contact SPPL immediately. Changes will only be approved in writing by authorized SPPL management with full documentation of the reason and updated terms.

3. Documentary Requirements

All vendors must maintain and submit required documentation as specified below. Incomplete or inaccurate documentation may result in payment delays or suspension of business activities.

Mandatory Documents

KYC Documents

PAN, Aadhaar, GST certificate, bank details

Business Registration

Trade license, company registration, MSME (if applicable)

Quality Certifications

FSSAI license, product certifications, lab reports

Signed Agreement

Vendor agreement, terms acceptance, NDA if required

Per-Transaction Requirements

  • Tax Invoice: Valid GST invoice with correct HSN codes, quantities, and values
  • E-way Bill: Valid e-way bill for interstate movements exceeding threshold limits
  • Transport Documents: LR/Bilti, delivery challan, weight slips, quality certificates
  • Proof of Delivery: Signed POD, unloading photos, weighbridge receipts

Timeline: All transaction documents must be submitted within 48 hours of transaction completion. Delayed submissions may affect payment processing and future order allocations.

4. Audit & Reconciliation Cooperation

Vendors are required to cooperate fully with SPPL's audit, reconciliation, and compliance verification processes.

Account Reconciliation

Monthly statement verification and timely confirmation of balances

Document Access

Provide requested documents within 5 business days of audit request

Query Resolution

Respond to reconciliation queries within 72 hours with complete information

Inventory Classification Cooperation

Vendors must assist SPPL in proper inventory classification:

Rotational / Transitional inventory

Vendor-linked inventory

Disputed / Under reconciliation

Damaged / Blocked stock

5. Consequences of Non-Compliance

Violations of this Code of Conduct will result in enforcement actions as detailed in our Terms & Conditions - Dispute & Enforcement section.

Enforcement Actions Include:

1

Warning & Counseling

First instance minor violations

2

Account Freeze

Suspension pending investigation

3

Reconciliation Hold

Payments held until resolution

4

Loss Recovery & Legal Action

Recovery of losses and legal costs

5

Permanent Termination & Blacklisting

Severe or repeated violations

6. Acceptance & Compliance Contact

Vendor Acknowledgment

By registering as a vendor with SPPL or continuing to do business with SPPL, you acknowledge that you have read, understood, and agree to comply with this Vendor Code of Conduct. This Code forms an integral part of your vendor agreement with SPPL.

Vendors are expected to communicate this Code to their employees, agents, and subcontractors who interact with SPPL.

Compliance & Grievance Contact

WhatsApp

+91-9311403138

Phone

+91-9311403138

Registered Office

Dabri, Delhi - 110045, India

For compliance queries or to report violations, include "VENDOR COMPLIANCE" in your email subject line for priority handling.