Greaves Cotton Wins ICSI Award for Best Governance in Emerging Category
Filing Summary
Greaves Cotton Limited has been recognized as the “Best Governed Company – Listed Segment: Emerging Category” at the 25th ICSI National Awards for Excellence in Corporate Governance. The award was presented in New Delhi, with the jury chaired by Hon’ble Dr. Justice D. Y. Chandrachud. The evaluation focused on disclosures, governance structures, and ethical conduct. Atindra Basu, Group General Counsel and Company Secretary, received the Governance Professional of the Year award. Greaves Cotton, with a 165-year legacy, continues to focus on engineering excellence and sustainable solutions.
Greaves Cotton Limited has been awarded the title of “Best Governed Company – Listed Segment: Emerging Category” at the 25th ICSI National Awards for Excellence in Corporate Governance. The award ceremony took place in New Delhi and was attended by senior government officials, industry leaders, and governance experts. The jury for the 2025 edition was chaired by Hon’ble Dr. Justice D. Y. Chandrachud, Former Chief Justice of India, and included leaders from law, finance, governance, and public policy sectors.
The award evaluation process involved a rigorous multi-stage assessment focusing on several key areas. These included the company’s disclosures, governance structures, ethical conduct, and long-term value creation for stakeholders. The recognition highlights Greaves Cotton’s commitment to maintaining high standards of corporate governance and transparency.
At the awards ceremony, Karan Thapar, Chairman of Greaves Cotton Limited, addressed the gathering, emphasizing the importance of corporate governance in sustaining investor trust and confidence. The company was acknowledged for its dedication to transparency, accountability, and responsible leadership, which are integral to its operations and growth strategy.
In addition to the company’s recognition, Atindra Basu, Group General Counsel and Company Secretary of Greaves Cotton, was honored with the Governance Professional of the Year award. This accolade further underscores the company’s focus on exemplary governance practices and its leadership in the field.
The ICSI National Awards for Excellence in Corporate Governance are prestigious honors in India, celebrating organizations that demonstrate outstanding governance practices. Winners are selected through an independent, merit-based assessment conducted by a distinguished jury panel.
Greaves Cotton Limited is a diversified engineering company with a legacy of over 165 years. It provides innovative and sustainable solutions across key sectors, focusing on precision engineering and technology leadership. The company’s growth strategy is centered around accelerating core businesses, building new capabilities, and expanding into new areas such as Energy Solutions, Mobility Solutions, and Industrial Solutions.
Greaves Cotton is one of India’s largest manufacturers of single-cylinder diesel engines and has been a pioneer in introducing these engines for microcar applications in the European market. The company also has a longstanding association with the Indian armed forces, supplying products for defense and naval applications. Greaves Cotton is committed to providing reliable products, sustainable technology, and customer-centric solutions, empowering lives through engineering excellence and efficient energy solutions.