Greaves Cotton Ltd 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 community.

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."

At the ceremony in Delhi, the ICSI also recognised Atindra Basu, Group General Counsel and Company Secretary, Greaves Cotton, with the Governance Professional of the Year award. The ICSI National Awards for Excellence in Corporate Governance are among India's most respected corporate honours, celebrating organisations that demonstrate exemplary governance practices. Winners are selected each year through an independent, merit-based assessment conducted by a distinguished jury panel.

Shares of Greaves Cotton Limited was last trading in BSE at Rs. 189.85 as compared to the previous close of Rs. 180.45. The total number of shares traded during the day was 81313 in over 1739 trades.

The stock hit an intraday high of Rs. 190.45 and intraday low of 180.05. The net turnover during the day was Rs. 15199181.00.

Source : Equity Bulls

Keywords

GreavesCotton INE224A01026 Recognition Award