Write short notes on the following : Vigil Mechanism

According to the Regulation 22 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the listed entity shall formulate a vigil mechanism / whistle blower policy for directors and employees to report genuine concerns. The vigil mechanism shall provide for adequate safeguards against victimization of director(s) or employee(s) or any other person who avail the mechanism and also provide for direct access to the chairperson of the audit committee in appropriate or exceptional cases.