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Mumbai – November 18th, 2019: Mahindra & Mahindra has won the coveted global ‘Golden Peacock’ award for excellence in Corporate Governance at a glittering awards ceremony in London held on 14th November 2019. The award titled ‘Golden Peacock Global Award for Excellence in Corporate Governance – 2019’ was received by Mr. V S Parthasarathy, Group CFO and Group CIO, on behalf of the US$ 20.7 billion Mahindra Group.
Commenting on the occasion, Mr. Parthasarathy said, "M&M has consistently held itself up to the highest standards of corporate governance practices. We consider compliance to be our rule book and governance our gospel."
The award was presented to the Mahindra Group at a distinguished gathering of business leaders during the Institute of Directors '19th Annual London Global Convention on Corporate Governance & Sustainability'.
The Golden Peacock Awards are regarded as a benchmark for Corporate Excellence worldwide. The awards aim to promote business excellence by providing a framework or criteria for assessment that is based on similar principles as other awards throughout the world and contains all of the requirements of the ISO 9001:2000 standard series.