RailTel, a Miniratna Central Government PSU under the Ministry of Railways has been awarded the ICAI Award for Excellence in Financial Reporting for the year 2020-21 in the Public Sector Entities Category.
The company has been adjudged as the winner in the category “plaque”. Institute of Chartered Accountants of India (ICAI), a premier accounting body has been holding the annual competition for these awards since 1958.
Union Minister of State (Independent Charge) Science & Technology; Minister of State (Independent Charge) Earth Sciences; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Jitendra Singh presented the
awards to the winner awardees at the ICAI award ceremony held in New Delhi.
Speaking about the award, CMD, RailTel Puneet Chawla said that after RailTel became a listed company, the responsibility of reporting the financial performance of the company in a fair and transparent manner has assumed greater significance.
This award has confirmed that the company is on the right track in this regard. He further said that we will continue to keep ourselves apprised of the prevailing best
standards and accounting practices and implement the same. I assure all the shareholders and stakeholders that financial reporting will always continue to be of high quality in times to come. The Company has been receiving several awards for the last many years in different categories and fields which is the recognition of
RailTel’s efficiency, potential, capabilities and achievements.
