Saturday, February 6, 2010

ICAI Awards for Excellence

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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