NEW DELHI, April 8, 2013 /CNW/ - HCL Technologies Ltd. (HCL), a leading global
IT services provider has won the prestigious ICSI National Award for
Excellence in Corporate Governance, for the year 2012. Hon'ble Mr. Justice M.
N. Venkatachaliah, Former Chief Justice ofIndiaand Chairman of the Jury,
presented the award to HCL Technologies at a function held in New Delhi today.
The function was attended by dignitaries from various disciplines. The award
was received by Mr. Anil Chanana, Chief Financial Officer, HCL Technologies
The Institute of Company Secretaries of India (ICSI) stated that the award has
been conferred on HCL Technologies for its proactive and contributive
capabilities, internal excellence, innovation and value creation for the
stakeholders, fundamental qualities of governance ethos, vision and
The ICSI award for excellence in Corporate Governance is an acclaimed
recognition for corporates practicing best governance practices in both letter
and spirit, thereby creating an atmosphere of good corporate citizenry. Last
year HCL was awarded the coveted Certificate of Recognition by ICSI, for
Excellence in Corporate Governance.
"HCL prides itself on the sound governance practices embedded in the Company.
We are pleased to receive the nation's most prestigious corporate governance
award from ICSI," said Mr. Shiv Nadar,Chairman and Chief Strategy Officer,
HCL Technologies. He added, "We stay committed to a governance culture that
sustains our company's leading performance and value creation for all the
CS S.N. Ananthasubramanian, President, ICSI said "ICSI recognizes corporate
governance as a key element for companies to excel in the current global
scenario. HCL Technologies has demonstrated commitment towards adhering to
good corporate governance practices which has resulted in value creation for
all its stakeholders."
The ICSI award for Corporate Governance was instituted twelve years back in
the year 2001. All the listed entities and unlisted companies are invited to
participate in the award and are evaluated on parameters on an exhaustive
multi-level process. The process includes evaluation of compliance parameters,
principle based governance, feedback from independent directors for
corroboration and regulatory feedback confirming the credentials of the
company. This evaluation is followed by a final selection by the jury.
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For details contact Ajay Davessar Head External Communications
SOURCE: HCL Technologies Ltd.
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-0- Apr/08/2013 09:48 GMT
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