The Indian Hotels Company (IHCL) Receives Top Honours At The Ethical Boardroom Corporate Governance Awards 2019 For Second Consecutive Year
Mumbai, January 9, 2020: The Indian Hotels Company (IHCL), South Asia’s largest hospitality company, has been honoured at the prestigious Ethical Boardroom Corporate Governance Awards 2019 presented by Ethical Boardroom, a premier institution based out of London.
The Company has been recognized as the winner of the Best Corporate Governance award in Asia in the Leisure & Hospitality category at the Ethical Boardroom Corporate Governance Awards 2019 for the second consecutive year. Further, Mr. Puneet Chhatwal, Managing Director and Chief Executive Officer was awarded CEO of the Year in Asia and Mr. Beejal Desai, Sr. Vice President and Company Secretary was conferred the Best Company Secretary, Asia award in the Leisure & Hospitality category at the awards.
Speaking about these awards, Mr. Puneet Chhatwal, Managing Director and Chief Executive Officer, IHCL stated, “It is an honour for IHCL to be the recipient of the highest rating for corporate governance at the esteemed Ethical Boardroom Awards year-on-year. The Tata Group’s core values of Integrity, Responsibility, Excellence, Pioneering, and Unity are engrained in IHCL's philosophy on corporate governance since inception. The award inspires us to only further strengthen our commitment in conducting business in an inclusive and transparent manner.”
The annual Ethical Boardroom Corporate Governance Awards recognizes and rewards businesses and individuals, who have exhibited exceptional leadership in governance to drive long-term value for all their stakeholders. The awards highlight the important role that corporate governance plays in dictating a company’s success and a board’s contribution to the creation of long-term value. All finalists in this year’s Awards have undergone a thorough analysis and extensive scrutiny on governance attributes, such as Board Composition & Evaluation, Risk Management, Leadership, Sustainability, Engagement and Transparency.
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About The Indian Hotels Company Limited (IHCL)
The Indian Hotels Company Limited (IHCL) and its subsidiaries bring together a group of brands and businesses that offer a fusion of warm Indian hospitality and world-class service. These include Taj – the hallmark of iconic hospitality, SeleQtions, a named collection of hotels, Vivanta, sophisticated upscale hotels and Ginger which is revolutionizing the lean luxe segment.
Incorporated by the founder of the Tata Group, Jamsetji Tata, the Company opened its first hotel - The Taj Mahal Palace, in Bombay in 1903. IHCL has a portfolio of 196 hotels including 40 under development globally across 4 continents, 12 countries and in over 80 locations.
The Indian Hotels Company Limited (IHCL) is South Asia’s largest hospitality company by market capitalization. It is primarily listed on the BSE and NSE.
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