The Indian Hotels Company (Ihcl) Wins The Golden Peacock Award For Excellence In Corporate Governance

Mumbai, November 30, 2019: The Indian Hotels Company (IHCL), South Asia’s largest hospitality company has won the Golden Peacock Award for Excellence in Corporate Governance – 2019. This award, declared by the Institute of Directors (IOD), India, recognized the company’s excellence in Corporate Governance. The award was received by Mr. Beejal Desai – Senior Vice President & Company Secretary, in the presence of a distinguished gathering of business leaders during IOD’s “19th Annual London Global Convention on Corporate  Governance & Sustainability" held at London.

Mr. Beejal Desai – Senior Vice President & Company Secretary, IHCL, said, “It is an honour for IHCL to receive this recognition for its exemplary corporate governance practices. The award is a reflection that corporate governance practices are an integral part of the company’s DNA, which help ensure efficient conduct of its affairs, without compromising its core values.”

The Golden Peacock Awards, established for over 25 years, have a meticulously defined and transparent selection criteria and are determined by a highly elaborate and independent assessment process.

About Golden Peacock Awards

Golden Peacock Awards, instituted by the Institute Of Directors (IOD) in 1991, are now regarded as a benchmark of Corporate Excellence worldwide and over the time, have become a hallmark of excellence, both locally and globally. The Golden Peacock Awards recognise the best organizations that have significantly embedded risk management strategies, corporate governance and sustainability practices into their operations and decision making processes, leading to improved company performance. The awards aim to promote business excellence by providing a transparent and 3-tier evaluation process, based on internationally recognized criteria.

About The Indian Hotels Company Limited (IHCL)

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, SeleQtions, a named collection of hotels, Vivanta, sophisticated upscale hotels and Ginger which is revolutionizing the lean luxe 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 has a portfolio of 191 hotels including 38 under development globally across 4 continents, 12 countries and in over 80 locations.  

The Indian Hotels Company Limited (IHCL) is South Asia’s largest hospitality company by market capitalization. It is primarily listed on the BSE and NSE.