Kanpur-based Ganesh Polytex has been awarded ‘Excellence in Financial Reporting’ by the Institute of Chartered Accountants of India (ICAI).
The company was awarded the Silver Shield for its annual report and accounts under the category, ‘manufacturing sector and turnover less than Rs 500 cr’.
ICAI had instituted the awards in 1958 for excellence in financial reporting by companies and to foster transparency and clarity in presentation of financial statements/annual reports. The BSE-listed firm is engaged in recycling of post consumer PET bottle waste into regenerated polyster staple fibre.