RITES Limited, the leading transport infrastructure consultancy and engineering firm, has been awarded the ‘ICAI Award’ (Silver Shield) for Excellence in Financial Reporting 2021-22.
Shri Daya Shankar Mishra, Hon’ble Minister of State (Independent)-Ayush, Govt. of Uttar Pradesh, and Shri Dayashankar Singh, Hon’ble Minister of State (Independent)-Transport, Govt. of Uttar Pradesh, presented the award to RITES’ Director (Finance) Shri B.P. Nayak & General Manager (Finance) Shri Anjeev Kumar Jain at a ceremony in Varanasi.
The award was conferred on RITES by The Institute of Chartered Accountants of India, the national professional accounting body of the country. It recognizes the accounting practices, policies adopted by an organization for disclosure and presentation of financial statement(s) and the company’s highest degree of compliance with accounting standards, statutory guidelines and regulations.