RITES wins ‘Silver’ ICAI Award for excellence in Financial Reporting; REMC gets ‘Plaque’
Also, RITES’ subsidiary REMC Ltd, which is in business of power generation and management, has been awarded ‘Plaque’ under the ‘Service Sector’ (other than Financial Services Sector) category.
![RITES wins ‘Silver’ ICAI Award for excellence in Financial Reporting; REMC gets ‘Plaque’](https://www.psuconnect.in/sdsdsd/RITES_wins_Silver_ICAI_Award.jpg)
Gurugram: RITES Limited, a Navratna Public Sector Enterprise, has been awarded the ‘Silver Shield’ under the ‘Infrastructure and Construction Sector’ category at the ICAI Awards for Excellence in Financial Reporting for the financial year 2022-23.
Also, RITES’ subsidiary REMC Ltd, which is in business of power generation and management, has been awarded ‘Plaque’ under the ‘Service Sector’ (other than Financial Services Sector) category.
Hon’ble Chief Minister of Chhattisgarh Mr. Vishnu Deo Sai and other dignitaries present the ICAI Award(s) to RITES’ Director (Finance) and Chief Financial Officer Mr. KG Agarwal at a ceremony in Raipur.
Read Also : IndusInd Bank Q1 FY25 results, net profit at 2% YoYRITES’ Director (Finance) and Chief Financial Officer Mr. KG Agarwal received the award from Hon’ble Chief Minister of Chhattisgarh Mr. Vishnu Deo Sai, Chhattisgarh Cabinet Minister Mr. Brij Mohan Agrawal, ICAI President CA Aniket Sunil Talti, ICAI Vice President CA Ranjeet Kumar Agrawal, ICAI Research Committee Chairman & Vice Chairman and ICAI Council Member, at a ceremony in Raipur on January 13, 2024.
Read Also : RBI issues guidelines on higher liquidity coverage ratio for retail depositsThe coveted award recognises accounting practices, policies adopted by RITES and its subsidiaries for the preparation & presentation and disclosure of financial statement(s) amongst other information contained in the Annual Report. It also highlights its highest degree of compliance with accounting standards, statutory guidelines and regulation etc.
Read Also : India assumes the Chair of Asian Disaster Preparedness CentreNews Must Read
- Karnataka Bank Announced record Q1 Net Profit at Rs. 400.33 CR
- NTPC, BHEL shares soar higher amid JV announcement in Budget 2024
- BEL signs tripartite MoU for manufacture of indigenised ammunition
- Goa Shipyard Limited launched first indigenous P1135.6 Frigate
- Chandan Sinha appointed as Non-Executive Part Time Chairman of RBL Bank
- OIL and Dolphin Drilling signs contract for hiring of Blackford Dolphin
- Cmde D.K. Murali, IN (Retd.) Joins as CMD of BECIL
- Samir Chandra Saxena Appointed as Director (Market Operation) of GRID-INDIA
- MOIL CMD bags Title 'CEO of the Year'
- ONGC sign MoU with GSI to advance geothermal exploration in Ladakh