Industry News

Kansai Nerolac Paints Limited wins the ICSI National Award for Excellence in Corporate Governance, 2007

Published on 2007-11-28. Author : SpecialChem

Kolkata -- Kansai Nerolac Paints Ltd, one of the India's leading paint manufacturing companies, has announced that they have won the coveted ICSI National Award for Excellence in Corporate Governance, 2007, established by the Institute of Company Secretaries of India. The award was presented to the Company in Kolkata on November 26, 2007.

Speaking on the occasion, Mr. H M Bharuka, Managing Director of Kansai Nerolac Paints Limited said "It is an honor for us to win this coveted award as it recognizes the values that we stand for. Kansai Nerolac stands for equality and developing leaders through equal opportunity."

The Award was conferred on the Company in recognition of the Company's creative and contributive capabilities, sustainable relationship with major stakeholders in delivering value and its future vision and sustainability. The Company was appreciated for its open culture with transparency in operations and professional approach, its strong value system that serves as a guide for exhibiting appropriate behavior, internally and externally and its endeavor to make corporate governance as a part of the Company's culture.

About Kansai Nerolac:

Kansai Nerolac Paints Ltd. has been at the forefront of paint manufacturing for more than 87 years pioneering a wide spectrum of quality paints. Kansai Nerolac is the second largest paint company in India and undisputed leader in Industrial segment. The Company had a turnover of Rs1484 crores for the year ended 31st March, 2007. The Company has five strategically located manufacturing units all over India and a strong dealer network of over 11000 dealers across the country. The Company manufactures a diversified range of products ranging from architectural coatings for homes, offices, hospitals and hotels to sophisticated industrial coatings for most of the industries.

Source: Kansai Nerolac Paints Ltd

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