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Cyient Ltd. Honored with ICSI Lifetime Achievement Award and CSR Excellence Award
Team Finance Saathi
21/Dec/2024
What's covered under the Article:
- Cyient Ltd. founder B.V.R. Mohan Reddy receives ICSI Lifetime Achievement Award.
- Cyient honored with CSR Excellence Award in the Small & Emerging Category.
- Jury led by Justice P. Sathasivam selects Cyient for corporate excellence awards.
Cyient Ltd., a prominent player in the technology and consulting sector, has recently received two prestigious awards from the Institute of Company Secretaries of India (ICSI). On December 20, 2024, Cyient was honored with the ICSI Lifetime Achievement Award for Translating Excellence in Corporate Governance into Reality and the CSR Excellence Award under the Small & Emerging Category. These awards were presented during a ceremony in Bangalore, acknowledging the company’s ongoing commitment to excellence in corporate governance and corporate social responsibility (CSR).
ICSI Lifetime Achievement Award
The ICSI Lifetime Achievement Award was bestowed upon Mr. B.V.R. Mohan Reddy, the Founder Chairman of Cyient Ltd., for his lifetime dedication to improving corporate governance practices and contributing to the advancement of the business sector. This award is a recognition of his outstanding leadership and lasting impact on the industry, especially in ensuring ethical business practices and corporate transparency within Cyient and the broader corporate world.
Mr. Reddy’s leadership has been pivotal in transforming Cyient Ltd. into a leading global engineering and technology solutions provider. His foresight and commitment to building strong governance frameworks have earned him this prestigious award, which he received with pride at the ICSI awards ceremony.
CSR Excellence Award - Best Corporate in Small & Emerging Category
In addition to Mr. Reddy’s individual recognition, Cyient Ltd. was also awarded the CSR Excellence Award in the Best Corporate under the Small & Emerging Category. This award highlights Cyient’s continued efforts in corporate social responsibility, which focuses on giving back to society through various initiatives aimed at improving the quality of life for communities. Cyient has implemented several successful CSR programs that emphasize education, sustainability, and healthcare, thus positively impacting both local and global communities.
Jury and Award Presentation
The awards were decided by a distinguished jury, headed by Hon’ble Mr. Justice P. Sathasivam, the Former Chief Justice of India. His esteemed leadership in the jury process ensured that the awards were given to companies and individuals who have consistently set benchmarks in corporate governance and social responsibility. The awards ceremony, held in Bangalore, brought together industry leaders, government representatives, and business professionals to celebrate excellence in corporate leadership.
Commitment to Excellence
Cyient Ltd.'s recognition in these two prestigious categories reinforces its ongoing commitment to corporate governance, business ethics, and social responsibility. The company continues to lead by example in promoting best practices in both its business operations and its community engagement initiatives.
With this dual recognition from the ICSI, Cyient Ltd. solidifies its reputation as a leading corporate citizen and a benchmark for other organizations to follow in terms of ethical practices and corporate governance.