IHCL gets certificate of recognition for excellence in corporate governance at 18th ICSI National Awards

January 23, 2019

IHCL, one of South Asia’s largest and most iconic hospitality companies, has been conferred a Certificate of Recognition for Excellence in Corporate Governance at the 18th ICSI National Awards.

Puneet Chhatwal, Managing Director and Chief Executive Officer, IHCL said, “It is an honour for the 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 post a rigorous and comprehensive process that evaluates several parameters including Board Structure and Process, Transparency and Disclosure Compliances, Stakeholder Value Enhancement, CSR and Sustainability.

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