The Indian Hotels Company Limited (IHCL) Receives Top Honours at the Ethical Boardroom Corporate Governance Awards 2018
Mumbai, November 26, 2018: The Indian Hotels Company Limited (IHCL), South Asia’s largest and most iconic hospitality company has been recognised as the winner of the Best Corporate Governance award in Asia in the Leisure & Hospitality category at this year’s Ethical Boardroom Corporate Governance Awards.
Mr. Puneet Chhatwal, Managing Director and Chief Executive Officer, IHCL said, “It is an honour to receive the highest rating for corporate governance at the Ethical Boardroom Awards. IHCL’s philosophy on corporate governance, since inception, has been based on integrity, excellence and ethical values. This award reflects our commitment to conduct business in an inclusive and transparent manner.”
The Ethical Boardroom Corporate Governance Awards, recognises and rewards outstanding companies who have exhibited exceptional leadership in governance. 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
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, Vivanta with its collection of sophisticated upscale hotels, and Ginger which is revolutionizing the lean luxury 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 operates 170 hotels including 25 under development globally across 4 continents, 12 countries and in over 80 locations.
The Indian Hotels Company Limited (IHCL) is amongst South Asia’s largest Indian hospitality company by market capitalization. It is primarily listed on the BSE and NSE.