Venus Remedies wins CNBC-TV18 Emerging India Award

Venus Remedies Ltd has announced that the Company bagged the CNBC-TV18 "Emerging India Award" in the "Pharma & Chemicals category.

The CNBC-TV18 Emerging India Awards that honour the Best Small and Medium Enterprises in India, were announced at a glittering ceremony in Mumbai on June 22, 2007. The function was presided over by the Honourable Prime Minister Mr. Manmohan Singh, and others like Chief Minister of Maharashtra, Mr. Vilasrao Deshmukh, ICICI Bank MD & CEO Mr. K V Kamath, CRISIL head & Mr. Raghav from CNBC TV18 etc. were also there to cheer for the Leading Entrepreneurs of India.

The Company was one of the 1,25,378 nominations for this award taken up by ICICI for rating by CRISIL, the best Credit Risk and Rating Agency in India. Out of that, 25 top performers each were short-listed from 12 Industries and after detail survey and analysis of Company’s performance and telephonic interviews with the Management, top three were selected and called at Mumbai on the 18th of this month for a presentation to the Jury.

The results were declared on June 22, 2007 and the Company was adjudged the leader in Pharmaceutical and Chemical Sector amongst the Small & Medium Enterprises of India. The Honorable Prime Minister presented the Award for Excellence and exemplary growth to Mr. Pawan Chaudhary, the Managing Director of Venus at a gala event organized by CNBC TV18, ICICI & CRISIL at Grand Hyatt, Mumbai.

Source : Equity Bulls

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