GTL Ltd, India's leading Network Services player, has received the prestigious Golden Peacock Global Award for Corporate Governance, in the 8th International Conference on Corporate Governance held in London on 21st September 2007.
Nearly 130 companies had applied for this prestigious award from across the world. The World Council for Corporate Governance, UK, confers the award annually, to companies that have demonstrated benchmark standards of corporate governance.
GTL received the award with an appreciation for its Good Corporate Governance practices that reflected in transparent disclosures and compliance and voluntary audit of quarterly accounts, functioning of the Board and Corporate Social responsibility activities.
GTL had taken several steps like constituting Operating Council and Internal Audit Committee and initiating Environment and Corporate Social Responsibilities projects that were lauded by the Jury.
Commenting on the occasion, Manoj Tirodkar, CMD, GTL Limited, said, "We are delighted to receive such a prestigious award. We will continue to maintain and enhance the highest standards of Corporate Governance we have set for ourselves. I thank all the employees for being committed to the cause of Sustainable growth and excellence".
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