The awardees are selected following a comprehensive process that evaluates several parameters including Board Structure and Process, Transparency and Disclosure Compliances, Stakeholder Value Enhancement, CSR and Sustainability.

HOMEGROWN HOSPITALITY major, The Indian Hotels Company Limited (IHCL) has been conferred a Certificate of Recognition for Excellence in Corporate Governance at the 18th ICSI National Awards.

Speaking about the achievement, Puneet Chhatwal, Managing Director and Chief Executive Officer, IHCL said, “It is an honour for IHCL to be recognised by ICSI, a premier national institute, for its exemplary corporate governance practices. The credit for this goes to our Group Chairman, N. Chandrasekaran and the Board of Directors who have consistently guided us on key initiatives to keep enhancing our corporate governance. Inclusive and transparent corporate governance practices have been the Company’s inherited values from the Tata group and have indeed been an integral part of the way we have done business for over a century.”

The ICSI National Award for Excellence in Corporate Governance has been established to identify, foster and reward the culture of globally evolving acceptable standards of corporate governance among Indian companies. The awardees are selected following a comprehensive process that evaluates several parameters including Board Structure and Process, Transparency and Disclosure Compliances, Stakeholder Value Enhancement, CSR and Sustainability.

ICSI (The Institute of Company Secretaries of India) is a premium national professional body constituted under the Company Secretaries Act 1980, to develop and regulate the profession of Company Secretaries. The Institute functions under the administrative jurisdiction of the Ministry of Corporate Affairs, Government of India.