Dalmia Bharat Group, a leader in India’s core manufacturing space since 1939, has won an award for corporate governance at the Legal Era Awards 2019-20, an initiative by Legal Era of the Legal Media Group that recognises the best legal practitioner, legal team or law firm in India and abroad. Dr Sanjeev Gemawat, Company Secretary, Dalmia Bharat Group represented the company at the award ceremony at Mumbai.
Expressing gratitude on receiving the coveted award, Dr Gemawat said, “We are extremely honoured and humbled by this recognition, which has identified corporate governance as the cornerstone of Dalmia Bharat Group’s operations.”
He further stated, “We firmly believe that ethically driven business processes are quintessential for steady and sustained growth of any organisation. Robust corporate governance is critical for enhancing and retaining investor trust. Therefore, we ensure that our corporate governance practices are driven by strong board oversight, timely disclosures, transparent accounting policies and high levels of integrity in decision making.”
Dalmia Bharat Group represents modern India which has a blend of traditional Indian values such as Integrity, Trust, Respect, Humility & Commitment and an aggressive performance-driven culture. The Group inculcates an operational work behaviour of Speed, Learning, Teamwork & Excellence to complement the performance culture.
Being one of the oldest business houses in India, Dalmia Bharat Group appreciates the responsibility of upholding sustainable practices in business. Notably, the group has grown by over 20 times from a 1.2 million tonne-capacity to 26.5 million tonnes over the past decade via Greenfield expansions and strategic acquisitions, which is one of the fastest capacity expansions within the country’s cement industry.