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IHCL Receives Top Honours at the Ethical Boardroom Corporate Governance Awards 2018

Maldives

PUBLISHED December 01, 2018

The Indian Hotels Company Limited (IHCL), South Asias largest and most iconic hospitality company has been recognised as the winner of the Best Corporate Governance award in Asia in the Leisure & Hospitality category at this years Ethical Boardroom Corporate Governance Awards.

"It is an honour to receive the highest rating for corporate governance at the Ethical Boardroom Awards," said Mr. Puneet Chhatwal, Managing Director and Chief Executive Officer, IHCL.

"IHCL's philosophy on corporate governance, since inception, has been based on integrity, excellence and ethical values. This award reflects our commitment to conduct business in an inclusive and transparent manner."

The Ethical Boardroom Corporate Governance Awards recognises and rewards outstanding companies who have exhibited exceptional leadership in governance. The awards highlight the important role that corporate governance plays in dictating a companys success and a boards contribution to the creation of long-term value.

All finalists in this years Awards have undergone a thorough analysis and extensive scrutiny on governance attributes, such as Board Composition & Evaluation, Risk Management, Leadership, Sustainability, Engagement and Transparency.

The Indian Hotels Company Limited (IHCL), and its subsidiaries bring together a group of brands and businesses that offer a fusion of warm Indian hospitality and world-class service. These include Taj-the hallmark of iconic hospitality, Vivanta with its collection of sophisticated upscale hotels, and Ginger which is revolutionising the lean luxury segment.

Incorporated by the founder of the Tata Group, Jamsetji Tata, the Company opened its first hotel - The Taj Mahal Palace, in Bombay in 1903. IHCL operates 170 hotels including 25 under development globally across 4 continents, 12 countries and in over 80 locations.

The Indian Hotels Company Limited (IHCL) is amongst South Asias largest Indian hospitality company by market capitalisation. It is primarily listed on the BSE and NSE.

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