Laurus Labs wins coveted Golden Peacock Award for Excellence in Corporate Governance

Hyderabad-based Laurus Labs has won the prestigious Golden Peacock Award for Excellence in Corporate Governance 2020. Instituted in 1991 by the Institute of Directors (IOD), India, the Golden Peacock Award is regarded as a global stamp of Corporate Excellence. This is the first year that Laurus Labs has won this coveted award.

Speaking about this, Dr. Satyanarayana Chava, Founder & CEO said, "This award is a testament to our consistent efforts to adhere to the highest standards in corporate governance and organizational practices in the pharmaceutical sector. It is a great honour to be one amongst other distinguished companies that have received this award this year."

. The Chairman of this year's award jury was the Hon'ble Justice M. N. Venkatachaliah, former Chief Justice of India and former Chairman, National Human Rights Commission of India and National Commission for Constitution of India Reforms.

Unlike previous years, there was no physical ceremony for the award function this year. Laurus Labs, along with other winners, was felicitated during an online ceremony that was attended by several business leaders and participants from across the globe.

Shares of Laurus Labs Ltd was last trading in BSE at Rs.359.05 as compared to the previous close of Rs. 361.05. The total number of shares traded during the day was 245212 in over 6674 trades.

The stock hit an intraday high of Rs. 363.3 and intraday low of 355.4. The net turnover during the day was Rs. 87923512.

Source : Equity Bulls

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