| ICAI AWARDS FOR EXCELLENCE IN FINANCIAL REPORTING |
| (2008-09) |
| The ‘Shield Panel’, a sub-committee of the Research Committee of the Institute, |
| conducts the competition for the ‘ICAI Awards for Excellence in Financial |
| Reporting’ annually, with a view to promote better standards in the presentation |
| of information in the financial statements. The Panel evaluates the Annual |
| Reports and other documents pertaining to the participant organisations. The |
| Panel, in deciding awards, inter alia, considers compliance with Accounting |
| Standards, statutory and regulatory requirements and other relevant |
| pronouncements. However, in cases where certain minimum standards of the |
| quality of information are not met, the Panel decides not to give awards. |
| Awardees for the Year 2008-09 |
| Category Award Name of the Entity Annual Report |
| and Accounts for |
| the year ended |
| ACC Limited December 31, |
| I |
| Manufacturing |
| Gold Shield |
enterprises |
| Dr. Reddy’s Laboratories |
| March 31, 2009 |
| Silver Shield |
| (including |
| Limited |
| Processing, |
| Mining, |
| Hero Honda Motors |
| March 31, 2009 |
| Plaque for |
| Plantations, Oil |
| Commended |
| Limited |
| and Gas |
| Annual Report |
| enterprises) |
| Axis Bank Limited March 31, 2009 |
| II |
| Banking and |
| Gold Shield |
| Financial |
| Institutions |
| (including NBFCs, |
| ICICI Bank Limited March 31, 2009 |
| Silver Shield |
| Mutual Funds, Unit |
| Trust of India, |
| Investment |
| Capital Local Area Bank |
| March 31, 2009 |
| Plaque for |
| Bankers, HFCs, |
| Commended |
| Limited |
| etc.) |
| Annual Report |
| Decided not to give the |
| III |
| Service Sector |
| Gold Shield |
| (including Hotels, |
| award |
| Consultancy, |
| Bombay Stock |
| March 31, 2009 |
| Transport, Stock |
| Silver Shield |
| Exchanges, R&D, |
| Exchange Limited |
| Private Hospitals) |
| Decided not to give the |
| Plaque for |
| Commended |
| award |
| Annual Report |
| ICICI Prudential Life |
| March 31, 2009 |
| IV |
| Insurance Sector |
| Gold Shield |
| Insurance Co. Lim ited |
| Birla Sun Life Insurance |
| March 31, 2009 |
| Silver Shield |
| Company Limited |
| IFFCO-TOKIO General |
| March 31, 2009 |
| Plaque for |
| Commended |
| Insurance Co. Lim ited |
| Annual Report |
| Nucleus Software Export |
| March 31, 2009 |
| V |
| Information |
| Gold Shield |
| Technology, |
| Limited |
| Communication |
| and |
| Entertainment |
| Decided not to give the |
| Silver Shield |
| enterprises |
| award |
| Persistent Systems Ltd. March 31, 2009 |
| Plaque for |
| Commended |
| Annual Report |
| Decided not to give the |
| VI |
| Infrastructure & |
| Gold Shield |
| Construction |
| award |
| Sector |
| (including |
| Power Generation |
| and Supply, Port |
| Trusts, Metro, |
| Nagarjuna Construction |
| March 31, 2009 |
| Silver Shield |
| Roads) |
| Company Limited |
| Larsen & Toubro |
| March 31, 2009 |
| Plaque for |
| Commended |
| Limited |
| Annual Report |
| The Akshaya Patra |
| March 31, 2009 |
| VII |
| Others |
| (Section |
| Gold Shield |
| 25 companies, |
| Foundation |
| Educational |
| Institutions, NGOs, |
| Vidya Dairy March 31, 2009 |
| Charitable |
| Silver Shield |
| hospitals and |
| other |
| organisations) |
| Decided not to give the |
| Plaque for |
| Commended |
| award |
| Annual Report |
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