Chairman of the Awards Jury of the ICSI (Institute of Company Secretaries of India) and former Chief Justice of India Shri Justice M. N. Venkatachaliah here today presented the ‘ICSI National Awards for Excellence in Corporate Governance -2012’ to two ‘Best Governed Companies’:

1. Indian Oil Corporation Limited; and

2. HCL Technologies Limited.

The Awards were presented during the ongoing 2^nd CSIA International Corporate Governance Conference. The Company Secretaries of the awardee companies, Shri Raju Ranganathan, Company Secretary, Indian Oil Corporation Limited ; and Shri Manish Anand, Company Secretary, HCL Technologies Limited were also honoured for their contribution in adhering to good corporate governance practices.

ICSI Life Time Achievement Award for the year 2012 was presented to Shri Deepak S. Parekh, Chairman, Housing Development Finance Corporation Ltd. for translating excellence in Corporate Governance into reality.

Certificates of Recognition were presented to the Top Five Companies. These are ( in Alphabetical order):

1. CMC Limited

2. Engineers India Limited

3. ONGC Limited

4. Persistent Systems Ltd.

5. Powergrid Corporation of India Limited

KKP

(Release ID :94516)

Corporate governance excellence recognised with national awards to best governed companies and practitioner honours. ICSI conferred its National Awards for Excellence in Corporate Governance for 2012 naming Indian Oil Corporation Limited and HCL Technologies Limited as Best Governed Companies, honoured the Company Secretaries of the awardees for their governance contribution, presented a Life Time Achievement Award to Shri Deepak S. Parekh, and issued Certificates of Recognition to five other companies as part of the award programme at the 2nd CSIA International Corporate Governance Conference.