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Indian Hotels Company Limited recognized for excellence in Investor Relations

Indian Hotels Company Limited recognized for excellence in Investor Relations

India Blooms News Service | | 07 Jun 2017, 08:45 pm
Mumbai/Kolkata,June 7 (IBNS): The Indian Hotels Company Limited (Taj Hotels Palaces Resorts Safaris) won the ‘Best All India Investor Relations Award 2017’ in the category of large-cap companies at the recently held Investor Relations Awards ceremony in Mumbai.

The award ceremony, held at the BSE International Convention Hall, was attended by corporate leaders and the Investor Relations community.

The IR Awards, instituted by the Investor Relations Society India in association with KPMG in India, Bloomberg and BSE, recognizes best practice in investor relations and aims to advance the awareness of and encourage leading best practices within the IR community. The awards comprise six categories across large and mid-cap corporates.

IHCL, incorporated on April 1, 1902, is today listed on the BSE & the NSE. The widely held company with a current market cap of over Rs 13,000 crores, has a total of 98,92,74,015 equity shares outstanding, 21% of which is held by retail shareholders and 40% by domestic and international institutional investors.

Rakesh Sarna, Managing Director and CEO, The Indian Hotels Company Limited (IHCL), said “This award is a recognition for IHCL’s deep commitment to imbibing and adopting best practices in engaging every stakeholder, including our valued retail & institutional shareholders. Transparency, full disclosure and following the highest norms of corporate governance are the cornerstones of our investor relations strategy, which have enabled us to win this prestigious honour.”