Magma Fincorp has won a Gold Award at LACP (League of American Communications Professionals) Spotlight Awards 2015. LACP is a global competition of corporate communication materials.
The Magma Annual Report for FY-15 (last fiscal) titled ‘Focusing on Fundamentals’ has been ranked among the best globally, grabbing 39th spot in the overall ranking of Top 100. Magma has triumphed at the LACP since 2011. This is the fifth consecutive year that Magma has won an award at the competition.
Magma Fincorp is a non-deposit taking non-banking finance company (NBFC), registered with the Reserve Bank of India (RBI) as an asset finance company. The company, having started operations over two decades back, is listed on the Bombay Stock Exchange and the National Stock Exchange in India.