Kanpur-based Ganesh Polytex has been given the ‘Excellence in Financial Reporting’ award by the Institute of Chartered Accountants of India (ICAI).
The company was awarded Silver Shield for its annual report and accounts under the category manufacturing sector and turnover less than Rs500 crore.
ICAI had instituted the awards in 1958 for excellence in financial reporting by companies and fostering transparency and clarity in presentation of financial statements/annual report.
Bombay stock exchange-listed Ganesh Polytex is engaged in the recycle of post consumer polyethylene terephthalate (PET) bottle waste into regenerated polyster staple fibre. It has units in Kanpur and Rudrapur.