Bharat Heavy Electricals (BHEL) has won the coveted ‘ICAI National Award for Excellence in Financial Reporting’ for the financial year 2019-20.
Significantly, winning this prestigious recognition is a rare distinction achieved by BHEL after nearly four decades. The last time this recognition was granted to BHEL by ICAI, was in the year 1981-82. Notably, an independent jury unanimously selected BHEL in the ‘Infrastructure and Construction Sector’ category, for the Award for FY 2019-20 after screening at various levels.
Conferred by The Institute of Chartered Accountants of India (ICAI), this honour is accorded in recognition of the highest degree of compliance with Accounting Standards, Statutory guidelines, Regulations and Disclosures manifesting exemplary excellence in presentation of financial statements.
BHEL is India’s largest engineering and manufacturing company of its kind. It is a power plant equipment manufacturer and operates as an engineering and manufacturing company.
Company Name | CMP |
---|---|
BHEL | 279.00 |
Bharat Electronics | 238.80 |
Thermax | 4374.10 |
Kirloskar Oil Eng | 1018.50 |
Praj Industries | 522.15 |
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