MindTree Wins the National Award for Excellence in Corporate Governance for 2007-08
Recognized for best governance among publicly listed companies in India
MindTree Limited, a global IT and R&D services company, announced today that it has been declared the winner of the National Award for Excellence in Corporate Governance for 2007-08. The award was presented to MindTree Chairman & Managing Director Ashok Soota by the Vice President of India Mohammad Hamid Ansari in New Delhi on December 19, 2008.
The National Award for Excellence in Corporate Governance is given by the Institute of Company Secretaries of India (ICSI) to the top two companies every year. MindTree was declared the winner by a panel of eminent members from the industry and regulatory bodies. The recognition was based on multiple criteria such as ethical business conduct, transparency, integrity, maintaining sustainable relationships with all stakeholders in its corporate family, corporate social responsibility and future vision.
"We are delighted to win this award that recognizes our efforts in good corporate governance. The jury particularly noted our clearly articulated and implemented values, and our inclusive approach wherein the interests of all our stakeholders are protected and nurtured," Soota said. "This award is a special one for us. We believe strong corporate governance will take us closer to our vision of becoming one of the most admired companies not just in India but across the globe".
The hallmarks of MindTree's Corporate Governance philosophy are ethical business conduct, transparency and commitment to values, which in turn retain and enhance stakeholders' trust. The organization's value system, termed CLASS (Caring, Learning, Achieving, Sharing, Social Responsibility), lies at the core of it.
About MindTree
MindTree is an international consulting company that delivers affordable business and technology solutions through global software development. Co-headquartered in Somerset, New Jersey and Bangalore, the company's seasoned management team and employees skilled in technology, business analysis and project management, approach technology initiatives in a business context. MindTree develops applications that help companies enhance their enterprise operations.
The company also delivers product-development services and designs re-usable building blocks for high-tech companies. MindTree is also present in California, Colorado, Virginia and Illinois in the US, United Kingdom, France, Germany, Singapore, Japan, Australia and UAE in the Middle East.
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