The global specialty packaging company wins the prestigious award at the 21st ICSI National Award for Excellence in Corporate Governance.
Global specialty packaging company, EPL Limited has been awarded the “Best Governed Company” in the 21st edition of the prestigious “ICSI National Award for Excellence in Corporate Governance”. EPL won the award for observing and implementing the best practices in Corporate Governance.
Award winners are selected through a comprehensive evaluation process including compliance, principles of good corporate governance, interaction with Independent Directors, regulatory response about credentials of the company and screening of shortlisted companies by experts leading to final selection by the Jury. Distinguished experts from various fields, headed by former Chief Justice of India P. Sathasivam, constituted the Jury that adjudged EPL the winner.
Union Minister of Home Affairs, Mr. Amit Shah presented the award to Mr. Suresh Savaliya, SVP Legal and Company Secretary. The award was presented in presence of Justice P. Sathasivam, at the ICSI National Award ceremony held on 18 December 2021. Additionally, Mr. Suresh Savaliya got awarded “The Governance Professional of the Year”.
Mr. Davinder Singh Brar, Chairman of EPL said, “We at EPL have always been committed to follow the highest standard of corporate governance. I am pleased that EPL received this recognition by the Hon’ble Jury and ICSI. Being selected as the best governed company among top-notch corporates is a great achievement and will inspire us to continue to follow the best practices.”
Mr. Anand Kripalu, Managing Director and Global CEO of EPL said, “Team EPL is proud to be recognised with this honour from a premier professional institute like ICSI. At EPL, responsible corporate conduct and sustainability is a way of doing business. EPL with heritage of over three decades, has a governance framework with the highest standards of responsible conduct.”
The Institute of Company Secretaries of India (ICSI or Institute) is a premier national professional body set up under an act of Parliament of India, the Company Secretaries Act 1980. The ICSI has nationwide presence and is the only recognized professional body to develop and regulate the profession of Company Secretaries in India in pursuit of professional excellence. The Institute has on roll more than 65,000 members or professionals actively engaged, both in employment and in practice, in the governance of the corporate sector and in the financial markets, the two vital growth engines of the economy.