NATCO Pharma awarded with Corporate Governance Award

7 Jan 2022 , 04:20 PM

NATCO Pharma Limited has announced that the Company has been awarded Corporate Governance Award for the year 2021 at the virtual event held on January 6, 2022 organised by Moneylife Foundation, a non-profit organisation registered with the Charity Commissioner of Mumbai in the year 2016.

The Company has been selected from the nominations that it had received on its own from Moneylife readers, many top investors, analysts, fund managers, bankers, academics, and researchers. The award was presented by M. Damodaran, former Chairman of SEBI.

The jury for selection of Corporate Governance Award for the first time are R Balakrishnan, Prof. JP Singh (from IIM Ahmedabad — Retd.), Gautam Bafna, Founder and CEO of Wisdom Torch Consulting Solutions LLP and Deputy Editor Yogesh Sapkale as Member-Secretary.

The framework and evaluation template to judge the 35 Companies under standard parameters are Statutory compliance, board composition and functioning, communication with shareholders, shareholder-related actions, ownership structure, related-party transactions, extraordinary gestures, investor perception, etc.

Natco Pharma ended at Rs921.55 apiece up by Rs0.3 or 0.03% on the BSE.