Shriram Transport Finance Company Ltd wins the ICAI Awards for Financial Reporting

Jan. 11, 2012 - PRLog -- January 7, 2012, Chennai: The Institute of Chartered Accountants of India have adjudged Shriram Transport Finance Company Ltd. as the winner under the Category V-Financial Services Sector (other than Banking and Insurance) of the ‘ICAI Awards for Financial Reporting’.
The awardees have been selected by a panel of judges on review of accounting practices adopted by the participating enterprises in the preparation of financial statements and the policies adopted for disclosure and presentation of financial statements and other information in the annual reports without regard to their financial condition and operating performance. The award was handed over at a glittering ceremony which was held on January 6, 2012 at the Chennai Trade Centre in Chennai after the inaugural ceremony of the International Conference on ‘Accountancy Profession: Leveraging Emerging Challenges for Inclusive Growth’.
On being chosen as the winner in their respective category, Mr. R.Sridhar, Managing Director of Shriram Transport Finance Company Ltd. said “This award underlines the transparency in our process of financial reporting, which is crucial in enhancing the credibility the company enjoys amongst the various stakeholders. The team at Shriram Transport Finance feels privileged to have been chosen as the winner amongst highly competitive and esteemed nominees in terms of financial reporting by the very notable Institute of Chartered Accountants of India.”






About Shriram Transport Finance Company Limited.
Shriram  Transport Finance  Company Limited  is  the  flagship  company of the  Shriram group  which  has significant  presence in  Consumer Finance,  Life  Insurance,  General Insurance,  Stock Broking  and  Distribution  businesses.  Established  in  1979, Shriram Transport is today  the  largest  asset  financing  NBFC in  the  country  and  holistic  finance provider for the commercial vehicle industry and  seeks to partner small truck owners for every  possible need related to their assets. It has PAN India presence with 496  branch offices.  Based at  Mumbai,  it  manages assets  over  Rs 38,000  crores and  has a  live customer base exceeding 8,00,000.