New Delhi. : The Institute of Company Secretaries of India organized the 21st edition of ICSI National Awards for Excellence in Corporate Governance, 2021, in Mumbai on 18th December 2021. Shri Amit Shah, Home Minister and Minister for Cooperation, graced the occasion as the Chief Guest, while Justice, P Sathasivam, Jury Chairman and Former Chief Justice of India, was the Guest of Honour.
Acknowledging the efforts of the Institute for playing a pivotal role in promoting the cause of Good Corporate Governance, Shri Amit Shah said that “The growth of any nation depends on its strong governance structure and Company Secretaries have played a seminal role in India’s growth trajectory”. He further added that “the Government is reposing its faith and is giving the responsibility to Company Secretaries to establish a strong culture of Good Governance in India Inc. Hence, their role is more than just a job position. They have to be the important drivers in structuring the governance framework of the country”.
Justice, P Sathasivam said “Appreciation is the greatest motivator and keeps the Corporates on its toes. ICSI has been doing a commendable job in ensuring that a strong governance culture permeates all across by introducing new categories every year”
Appreciating the ICSI for weaving in Good Governance in the Indian Corporate Sector, Mr. Deepak Parekh said “ICSI has raised the bar of Governance by imbibing good governance through the professional competence of its members.
With the intent of creating an all-pervasive awareness for good governance in India INC., the award awakens, promotes and recognizes the exemplary performance of businesses and professionals in the field of corporate governance.
Acknowledging the leadership in promoting best Corporate Governance principles, the Institute conferred the ICSI Lifetime Achievement Award on Dr. Prathap C. Reddy, Founder-Chairman, Apollo Hospitals Enterprise Limited.
The 21st ICSI National Award for Excellence in Corporate Governance for Best Governed Large Medium and Emerging Company in Listed and Unlisted Category, was presented to the following Companies:
1) HDFC Life Insurance Company Limited (Listed Company: Large Category)
2) Syngene International Limited (Listed Company: Medium Category)
3) EPL Limited (Listed Company: Emerging Category)
4) Mahindra Intertrade Limited (Unlisted Company: Medium Category)
5) Tata Consulting Engineers Limited (Unlisted Company: Emerging Category)
The 6th ICSI CSR Excellence Award for innovation and sustainability in managing Corporate Social Responsibility was presented to:
1) ITC Limited (Large Category)
2) Havells India Limited (Medium Category)
3) Minda Corporation Limited (Emerging Category)
The 3rd ICSI Best Secretarial Audit Report Award, recognizing the importance of the Secretarial Audit Report as an effective tool of corporate compliance management, was awarded to CS Pramod Prasad Agarwal, for Secretarial Audit Report of Bharat Heavy Electricals Limited.
This year the Institute introduced the ICSI Best PCS Firm Award to acknowledge professional excellence, based on efforts, ethics and efficiency, of a Company Secretary in Practice. The 1st ICSI Best PCS Firm Award was presented to SVJS & Associates.
The event also witnessed an insightful panel Discussion on “Good Governance – A Business Mandate” with Mr. Ashok Soota, Executive Chairman, Happiest Minds Technologies Limited, Prof. M.K. Chouhan, Chairman Mahindra & Young Knowledge Foundation and Ms. Shyamala Gopinath, former Deputy Governor, Reserve Bank of India.
Expressing his delight, CS Nagendra D Rao, President, The ICSI, said, “The Institute has been a pioneer in building a strong governance framework within the country. The ICSI National Awards for Excellence in Corporate Governance, further evidences the unwavering efforts of the Institute in powering and promoting ethical, social and ecological responsibilities of businesses and professionals”.
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