Mindtree Consecutively Tops Corporate Polls by World Finance and Asiamoney
Mindtree Is Named 'Best Corporate Governance India', 2013 by World
Finance Magazine and Ranked Second in 'Best Overall for Corporate
Governance (in India)' by Asiamoney
WARREN, NJ and BANGALORE, INDIA -- (Marketwire) -- 03/20/13 --
Mindtree Limited (NSE: MINDTREE), a global IT solutions company,
today announced that it has won two awards for its practices in
World Finance Corporate Governance Awards 2013
Mindtree won the
award for 'Best Corporate Governance India', 2013 by World Finance
magazine. Rostow Ravanan, CFO Mindtree, Krishnakumar Natarajan, CEO &
MD, Mindtree and Tridip Saha, General Manager & Head of UK, Mindtree
received the award on 01 February at The London Stock Exchange.
"Part of successful corporate governance is management's acceptance
of shareholders as the owners of a corporation and acknowledging
management's role as trustees on behalf of the shareholders," said a
spokesperson for World Finance. "Mindtree consistently lives its
commitment to values, ethical business conduct and makes a
distinction between personal and corporate funds in the management of
the company. Mindtree continues to provide a corporate governance
model for its peer companies to emulate."
World Finance assessment criteria included governance structure,
board composition, and transparency. In the assessment, Mindtree
scored particularly high in the areas of investor relations quality,
client appraisals, commitment to social responsibility, and future
Asiamoney Corporate Governance Poll 2012
Mindtree topped the category of "Best for Investor Relations in
India" and also ranked second in India for overall Corporate
Governance, Best for Disclosure and Transparency, Best for
Shareholders' Rights and Equitable Treatment, Best for
Responsibilities of Management and the Board of Directors.
Asiamoney invites CEOs, CIOs and senior executives from fund
management and hedge fund companies in the Asia-Pacific region, as
well as Heads of Research and senior analysts in brokerages across
the region, to participate in the Corporate Governance Poll.
"Good corporate governance is delivering sustainable & industry
leading financial performance. We are fully committed to building
Mindtree into a memorable company & delivering value to all our
stakeholders. It is a great honor to receive these awards. We will
continue to conduct our business in line with the highest ethical &
governance standards," said Rostow Ravanan, CFO, Mindtree Ltd.
"It is important for organizations to implement systems and
procedures to enable corporate governance. This assures the
transparency in business, further reiterating the commitment towards
building a sustainable & valuable business. The wins from World
Finance & Asiamoney showcase our continued commitment to all our
stakeholders. We are very happy to be chosen for these corporate
governance honors once again," said Krishnakumar Natarajan, CEO and
Managing Director, Mindtree, Ltd.
Mindtree is a global information technology solutions
company with revenues of over USD 400 million. Our 11,000+ experts
are driven to engineer meaningful technology solutions to help
businesses and societies flourish.
Mindtree's consulting-driven approach makes us a strategic partner to
over 40 Fortune 500 enterprises. Our domain expertise, unique culture
and technical excellence help businesses thrive and be future-ready.
We enable our customers to achieve competitive advantage through
flexible and next generation global delivery models, agile
methodologies and expert frameworks.
Mindtree's ability to devise solutions is equally matched by our
ability to execute them. Our differentiation stems from a unique
balance of human perspective with deep strategic thinking.
Our values -- collaborative spirit, unrelenting dedication and expert
thinking help us see possibilities where others see a full stop.
Welcome to possible.
Please visit us at www.mindtree.com. For more information, contact:
Smart Connections PR
Press spacebar to pause and continue. Press esc to stop.