Friday, June 24, 2022

NRL wins ICAI Award for excellence in financial reporting

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New Delhi: Numaligarh Refinery Limited (NRL) has been bestowed with the prestigious ICAI (Institute of Chartered Accountants of India) Awards for Excellence in financial reporting for 2020-21 in the category ‘Manufacturing and Trading Sector (Turnover equal to Rs. 3,000 Crore or more).’ The annual Report and Financial Statement of the company for the year ended March 31, 2021, has been adjudged as the winner of the silver shield.

The award has been presented by Union Minister Dr Jitendra Singh to NRL’s Director (Finance) Indranil Mittra at the ICAI Awards function held in Ghaziabad on February 9 in the presence of ICAI’s President Nihar N Jambusaria, ICAI’s Vice President Dr Debashis Mitra, senior NRL officials and other Central Council Members of ICAI.

The awardees have been selected by a high powered jury chaired by NBCC (India) Ltd’s CMD PK Gupta and a panel of eminent members from various walks of life after reviewing the accounting practices adopted by the companies while preparing their financial statements, the policies adopted for disclosure, and presentation of financial statements, among other information.

Disclaimer: This story is a press release and is being published without any editing by PSU Watch desk. Our editorial team has only changed the headline.

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