HCL Tech receives Best Governed Company Award

The Asian Centre for Corporate Governance & Sustainability, a ‘Not for Profit’ independent institution, conferred the Best Governed Company Award on HCL Technologies at the Asia Business Responsibility Summit 2014 in Mumbai. Anant Gupta, CEO, HCL Technologies Ltd. received the award presented by the chief guest and key note speaker at the Summit Mr. Mervyn King, Chairman of the International Integrated Reporting Council (IIRC) and a member of the Private Sector Advisory Group to the World Bank on Corporate Governance.

Receiving the award, Anant Gupta, CEO, HCL Technologies Ltd. said, “It’s an honor and privilege for HCL to be recognized as well governed enterprise by a renowned non-profit institution like the ACCGS and its global evaluation panel. It’s heartening to be rewarded for our relentless pursuit of corporate excellence through transparency & corporate governance, focus on customer relationships and grassroots led innovation.”

"HCL Technologies has a board of eminent directors, who are not only independent minded but it represents a cohesive board. The company maintains very high standards of disclosures and transparency and treats all its shareholders as well as stakeholder in an equitable manner, which is why, as a jury I felt that HCL Technologies deserves Best Governed Company Award for 2013." said M.K. Chouhan, Vice Chairman, Global Advisory Board, Asian Centre For Corporate Governance & Sustainability & Chairman - Mahendra & Young Knowledge Foundation.

The Global Advisory Board of Asian Centre for Corporate Governance & Sustainability chaired by Mr. Mervyn King had instituted Corporate Governance & Sustainability Awards in 2006. The objective of these awards is to raise the quality of Corporate Governance and to recognize the companies & Industry leaders & Directors, who are doing exemplary work in improving Governance standards of their respective companies.

Among other recognitions, HCL won the Institute of Company Secretaries of India (ICSI) award for excellence in Corporate Governance for the Year 2012. The award was 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 sustainability.