Greaves Cotton Limited, a leading diversified engineering company, has been recognised as the “Best Governed Company – Listed Segment: Emerging Category” at the 25th ICSI National Awards for Excellence in Corporate Governance. The award was announced at a ceremony held in New Delhi in the presence of senior government officials, industry leaders, governance experts, and members of the corporate community.
The 2025 awards were evaluated by a distinguished jury chaired by Hon’ble Dr Justice DY Chandrachud, Former Chief Justice of India, along with eminent leaders from law, finance, governance, and public policy. The selection process involved a rigorous multi-stage assessment covering governance frameworks, disclosures, ethical standards, and long-term stakeholder value creation.
Karan Thapar, Chairman of Greaves Cotton Limited, said the recognition underscores the importance of trust in corporate governance. He noted that while short-term performance may drive market outcomes, strong governance sustains confidence over time. He added that the award reaffirms the Board’s commitment to transparency, accountability, and responsible leadership.
At the same ceremony, Atindra Basu, Group General Counsel and Company Secretary of Greaves Cotton, was conferred the Governance Professional of the Year award. The ICSI National Awards are among India’s most respected corporate recognitions, celebrating organisations that demonstrate exemplary governance practices through an independent and merit-based evaluation process.
With a legacy of over 165 years, Greaves Cotton is a future-ready engineering company delivering sustainable solutions across energy, mobility, and industrial applications. Its investee companies include Greaves Electric Mobility Limited, which offers electric two- and three-wheelers, and Greaves Finance Limited, through ev.fin, a fully EV-focused NBFC supporting electric mobility adoption in India.
