Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3178.65
58.20 (1.87%)
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Mahindra ranks 3rd among Top 100 Emerging Market MNCs on Business Transparency

Date: 20-07-2016

Mahindra & Mahindra has ranked third on business transparency among the top 100 fastest-growing companies based in 15 emerging market countries, and operating in 185 countries around the world, according to a recent report by Transparency International. The report assessed the public disclosure practices of these multi nationals on key elements including anti-corruption programmes, company structures & holdings, and key financial information disclosed for each country.

M&M consistently ranked in the top percentile on all three parameters, with a transparency index score of 6.7, against the average of 3.4 for all companies. This strong performance demonstrates Mahindra’s commitment toward high corporate governance and disclosure standards. The ranking also reinforces Mahindra’s commitment toward its core values which include transparency and speak to the efforts made by the company in enhancing the level of public disclosure of its key financial and qualitative information.