Former SEBI chairman, M Damodaran honoured with the Lifetime Achievement Award. (L-R) Abhishek Karn., President – Free Press Journal, Sanjeeb Chaudhari, Chairman – IDFC First Bank, Dilip Piramal, Chairman – VIP Industries, M Damodaran, Former SEBI Chairman, Ashok Karn., Director- Free Press Journal | FPJ
Mumbai: The Free Press Journal along with its knowledge partner CareEdge presented India’s Best Annual Report Awards 2023 on April 26 in a function held to recognise and reward the best annual reports by comp.es across 8 sectors. The winners were recognised for delivering excellence, transparency and clarity in the annual reports that helps investors make the best decisions. This was the second edition of India’s Best Annual Report Awards 2023.
The award ceremony also celebrated and honoured former SEBI chairman, M Damodaran with the Lifetime Achievement Award. The award was bestowed on him for his relentless efforts in the field of corporate governance and for advocating transparency and clarity in annual reports by comp.es.
Former SEBI chairman, M Damodaran, honoured with the Lifetime Achievement Award for championing corporate governance, addressing the audience | FPJ
The award ceremony held to celebrate and award comp.es with the best annual reports began on a musical note with Rajeev Raja, Founder & Soundsmith, BrandMusiq, exploring and exhibiting the unique relationship shared between brands and music. He also spoke and illustrated about the concept of “MOGO” or musical logos. The performance as well as the informative session was well received by the audience.
Rajeev Raja, Founder & Soundsmith, BrandMusiq, exploring and exhibiting the unique relationship shared between brands and music | FPJ
The audience and company representatives were welcomed by Abhishek Karn., President, Press Journal. Abhishek Karn. highlighted The Free Press Journal’s (FPJ) mission to keep the city of Mumbai and society informed. He also spoke on the various initiatives undertaken by the FPJ and the pioneering work by the org.sation in the field of education.
Abhishek Karn., President, Press Journal welcoming the audience and addressing the representatives | FPJ
The names of the comp.es along with their respective sectors awarded for India’s Best Annual Report Awards 2023 are as follows
1. Banking – The State Bank Of India
2. Chemicals – Tata Chemicals Ltd.
3. Electronic Equipment – Havells India LTD
4. Fertilisers – Paradeep Phosphates Limited
5. Paints – Asian Paints
6. Steel and Iron Product – JSW Steel
7. Insurance – ICICI Prudential Ltd.
8. Oil Exploration and Refinery – ONGC
The winners thanked the jury for the painstaking research involved in going through the annual reports of comp.es, short-listing the best ones and then deciding on the winners.
The evening concluded with the lifetime achievement award winner and former SEBI chairperson, M Damodaran, speaking on the need to publicise the winning reports so that it is read widely by the industry. He thanked the Free Press Journal for the award and shared the mantra, “It is not what is said in the report but how it is said” that makes for a valuable annual report.
