Mahindra & Mahindra Ltd has informed that the Company has been conferred the prestigious ICSI National Award for Excellence in Corporate Governance for the year 2008 at a function held in Vigyan Bhawan, New Delhi. The award is presented to those companies which follow the highest standards of corporate governance and follow best practices which are worthy of being exemplified.
The Institute of Company Secretaries of India (ICSI), a premier professional body has been set up under an Act of Parliament to develop and regulate the profession of Company Secretaries.
Mr. Arun Nanda, Executive Director, Mahindra & Mahindra Ltd, received the award on behalf of the Company from His Excellency Mohammad Hamid Ansari, the Honourable Vice President of India. Shri Prem Chand Gupta, Honble Union Minister for Corporate Affairs was also present on the occasion, along with other Jury members.
ICSI, while conferring this award to Mahindra & Mahindra, has stated that this award has been conferred on Mahindra in recognition of the Companys commitment to transparency, high integrity and its vision for the future, a customer centric approach, innovative thinking, its sustainable relations with all stakeholders and the top managements creative contributable capabilities.
This award is the most recent recognition of the good Corporate Governance practices followed at Mahindra. These are practices built on core values and ethics and the award is a reiteration of its philosophy that good governance goes beyond good working results and financial propriety and is a pre-requisite for excellent performance in terms of stakeholder value creation.
Mahindra had earlier bagged the Golden Peacock Award for Excellence in Corporate Governance, 2006. Mahindra has also been assigned the Governance & Value Creation (GVC) Level -1 by CRISIL for Governance and Value Creation which indicates that the capability of the Company with respect to wealth creation for a its stakeholders while adopting strong Corporate Governance practices is the highest.
The US based Reputation Institute recently ranked Mahindra among the top 10 Indian companies in its Global 200; The World best Corporate Reputations list.
Press Release : Mahindra & Mahindra Ltd, one of Indias leading companies, received the prestigious ICSI National Award for Excellence in Corporate Governance for the year 2008 at a function held in Vigyan Bhawan, New Delhi.
The award is presented to those companies which follow the highest standards of corporate governance and follow best practices which are worthy of being exemplified.
The Institute of Company Secretaries of India (ICSI), a premier professional body has been set up under an Act of Parliament to develop and regulate the profession of Company Secretaries.
Mr. Arun Nanda, Executive Director, Mahindra & Mahindra Ltd, received the award on behalf of the Company from His Excellency Mohammad Hamid Ansari, the Honourable Vice President of India.
Shri Prem Chand Gupta, Honble Union Minister for Corporate Affairs was also present on the occasion, along with other Jury members.
ICSI stated that this award has been conferred on Mahindra in recognition of the companys commitment to transparency, high integrity and its vision for the future, a customer centric approach, innovative thinking, its sustainable relations with all stakeholders and the top managements creative contributable capabilities.
This award is the most recent recognition of the good Corporate Governance practices followed at Mahindra. These are practices built on core values and ethics and the award is a reiteration of its philosophy that good governance goes beyond good working results and financial propriety and is a pre-requisite for excellent performance in terms of stakeholder value creation.
Mahindra had earlier bagged the Golden Peacock Award for Excellence in Corporate Governance, 2006. Mahindra has also been assigned the Governance and Value Creation (GVC) Level - 1 by CRISIL for Governance and Value Creation which indicates that the capability of the Company with respect to wealth creation for all its stakeholders while adopting strong Corporate Governance practices is the highest.
The US based Reputation Institute recently ranked Mahindra among the top 10 Indian companies in its Global 200 The Worlds Best Corporate Reputations list.
The Institute of Company Secretaries of India (ICSI), a premier professional body has been set up under an Act of Parliament to develop and regulate the profession of Company Secretaries.
Mr. Arun Nanda, Executive Director, Mahindra & Mahindra Ltd, received the award on behalf of the Company from His Excellency Mohammad Hamid Ansari, the Honourable Vice President of India. Shri Prem Chand Gupta, Honble Union Minister for Corporate Affairs was also present on the occasion, along with other Jury members.
ICSI, while conferring this award to Mahindra & Mahindra, has stated that this award has been conferred on Mahindra in recognition of the Companys commitment to transparency, high integrity and its vision for the future, a customer centric approach, innovative thinking, its sustainable relations with all stakeholders and the top managements creative contributable capabilities.
This award is the most recent recognition of the good Corporate Governance practices followed at Mahindra. These are practices built on core values and ethics and the award is a reiteration of its philosophy that good governance goes beyond good working results and financial propriety and is a pre-requisite for excellent performance in terms of stakeholder value creation.
Mahindra had earlier bagged the Golden Peacock Award for Excellence in Corporate Governance, 2006. Mahindra has also been assigned the Governance & Value Creation (GVC) Level -1 by CRISIL for Governance and Value Creation which indicates that the capability of the Company with respect to wealth creation for a its stakeholders while adopting strong Corporate Governance practices is the highest.
The US based Reputation Institute recently ranked Mahindra among the top 10 Indian companies in its Global 200; The World best Corporate Reputations list.
Press Release : Mahindra & Mahindra Ltd, one of Indias leading companies, received the prestigious ICSI National Award for Excellence in Corporate Governance for the year 2008 at a function held in Vigyan Bhawan, New Delhi.
The award is presented to those companies which follow the highest standards of corporate governance and follow best practices which are worthy of being exemplified.
The Institute of Company Secretaries of India (ICSI), a premier professional body has been set up under an Act of Parliament to develop and regulate the profession of Company Secretaries.
Mr. Arun Nanda, Executive Director, Mahindra & Mahindra Ltd, received the award on behalf of the Company from His Excellency Mohammad Hamid Ansari, the Honourable Vice President of India.
Shri Prem Chand Gupta, Honble Union Minister for Corporate Affairs was also present on the occasion, along with other Jury members.
ICSI stated that this award has been conferred on Mahindra in recognition of the companys commitment to transparency, high integrity and its vision for the future, a customer centric approach, innovative thinking, its sustainable relations with all stakeholders and the top managements creative contributable capabilities.
This award is the most recent recognition of the good Corporate Governance practices followed at Mahindra. These are practices built on core values and ethics and the award is a reiteration of its philosophy that good governance goes beyond good working results and financial propriety and is a pre-requisite for excellent performance in terms of stakeholder value creation.
Mahindra had earlier bagged the Golden Peacock Award for Excellence in Corporate Governance, 2006. Mahindra has also been assigned the Governance and Value Creation (GVC) Level - 1 by CRISIL for Governance and Value Creation which indicates that the capability of the Company with respect to wealth creation for all its stakeholders while adopting strong Corporate Governance practices is the highest.
The US based Reputation Institute recently ranked Mahindra among the top 10 Indian companies in its Global 200 The Worlds Best Corporate Reputations list.
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