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Greaves Cotton Limited Recognised as "Best Governed Company - Listed Segment: Emerging Category" at the 25th ICSI Award
Greaves Cotton Limited, one of India’s leading diversified engineering companies, has been recognized as the “Best Governed Company - Listed Segment: Emerging Category” at the 25th edition of the ICSI National Awards for Excellence in Corporate Governance. The award was announced at a ceremony in New Delhi, attended by senior government officials, industry leaders, governance experts and members of India’s corporate...
Greaves Cotton Limited, one of India’s leading diversified engineering companies, has been recognized as the “Best Governed Company - Listed Segment: Emerging Category” at the 25th edition of the ICSI National Awards for Excellence in Corporate Governance. The award was announced at a ceremony in New Delhi, attended by senior government officials, industry leaders, governance experts and members of India’s corporate community.
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Karan Thapar, Chairman, and Parag Satpute, MD & Group CEO, Greaves Cotton Limited, receiving the Award during the 25th edition of ICSI National Awards for Excellence in Corporate Governance
For the 2025 edition, the Jury was chaired by Hon’ble Dr. Justice D. Y. Chandrachud, Former Chief Justice of India, and comprised eminent leaders from the fields of law, finance, governance and public policy. The Jury conducted a rigorous multi-stage evaluation based on disclosures, governance structures, ethical conduct and long-term value creation for stakeholders.
Karan Thapar, Chairman, Greaves Cotton Limited, who also addressed the gathering at the awards ceremony, said, “Corporate governance is fundamentally about trust, the trust of investors, employees, customers, and society at large. While markets may reward performance in the short term, it is governance that sustains confidence over time. This recognition from the Institute of Company Secretaries of India reaffirms our Board’s commitment to transparency, accountability, and responsible leadership. As one of India’s long-standing engineering companies, strong governance will continue to underpin our growth and preserve the trust we have built over generations.”
