REC bags 13th ICSI National Award for excellence in corporate governance
26 Aug 2014 12:22 AM GMT
REC CMD Rajeev Sharma received the 13th ICSI National Award for Excellence in Corporate Governance for the year 2013 from Union Minister for Finance, Corporate Affairs and Defence Arun Jaitley on 24 August, 2014 at the award presentation ceremony held at Taj Bengal, Kolkata. The award was conferred by The Institute of Company Secretaries of India (ICSI), a statutory body constituted under the Company Secretaries Act, 1980.
REC was selected as Best Governed Company by eminent jury members headed by Justice M N Venkatachaliah, Former Chief Justice of India, from a number of listed and unlisted companies in public and private sector. The selection process was based on management’s contributive capabilities, growth and performance, governance ethos, internal excellence, integrated approach towards CSR & sustainable development, vision and future strategy of the company, corroboration of responses of the company from the independent directors and factoring the regulatory responses confirming the credentials of the company. REC is a Navratna PSU under Ministry of Power engaged in business of financing Power Projects.
REC was selected as Best Governed Company by eminent jury members headed by Justice M N Venkatachaliah, Former Chief Justice of India, from a number of listed and unlisted companies in public and private sector. The selection process was based on management’s contributive capabilities, growth and performance, governance ethos, internal excellence, integrated approach towards CSR & sustainable development, vision and future strategy of the company, corroboration of responses of the company from the independent directors and factoring the regulatory responses confirming the credentials of the company. REC is a Navratna PSU under Ministry of Power engaged in business of financing Power Projects.
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