Tata Steel Bags Best Governed Company Award
November 27, 2006

Tata Steel has won the Best Governed Company Award 2006 presented by the Asian Centre for Corporate Governance. Global Corporate Governance Forum head Phillip Armstrong gave away the award to Tata Steel for setting high standards in governance practices in Mumbai recently. It received the award for the corporate practices that have enabled the company to direct and control its affairs in an efficient manner and maximise its shareholders value.

The Awards Committee was chaired by the author of King's committee report on corporate governance, Mervyn King, and the members were a mix of eminent international and Indian personalities, largely drawn from the global advisory board of Asian Centre for corporate governance.

Asian Centre for Corporate Governance (ACCG) promotes global corporate governance principles of transparency, accountability and equity. The organisation is advised by Global Advisory Board which comprises eminent International personalities from USA, Europe & Asia, including India.