Celebrating Corporate Clarity, Honouring Visionary Leadership: FPJ India’s Best Annual Report Awards 2024

Celebrating Corporate Clarity, Honouring Visionary Leadership: FPJ India’s Best Annual Report Awards 2024

The India’s Best Annual Report Awards 2024 celebrated excellence in corporate reporting, honoring top companies and leaders. Padma Shri Arundhati Bhattacharya received the Lifetime Achievement Award, highlighting a night of innovation, governance, and inspirational leadership in Indian business.

Manoj YadavUpdated: Tuesday, April 22, 2025, 04:49 PM IST
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Padma Shri Arundhati Bhattacharya was honoured with the prestigious Hall of Fame Award at FPJ’s Best Annual Reports Awards 2024. The award was presented by Shri M. Damodaran along with an esteemed jury, in recognition of her outstanding contribution to transparency and investor relations. Alongside her, nine distinguished companies were also celebrated and felicitated for their excellence in financial reporting and corporate governance. | Photo-FPJ |

Mumbai: On April 17, Mumbai was full of pride and energy as The Free Press Journal, along with CareEdge, held the third edition of India’s Best Annual Report Awards 2024. This important event celebrated the top companies in India that created the best annual reports—clear, honest, and excellent documents that help investors make smart decisions.

The evening’s crowning moment was the presentation of the Lifetime Achievement Award to Padma Shri Arundhati Bhattacharya, former Chairperson of the State Bank of India (SBI). Widely celebrated for spearheading SBI’s digital transformation, Bhattacharya's four-decade-long journey through India’s financial landscape has redefined leadership in banking. She continues to inspire professionals through her work in financial inclusion, innovation, and her unwavering commitment to empowering women in finance.

Padma Shri Arundhati Bhattacharya, former Chairperson of the State Bank of India (SBI)

Padma Shri Arundhati Bhattacharya, former Chairperson of the State Bank of India (SBI) |

In her acceptance speech, Bhattacharya expressed heartfelt gratitude:

“As we come to the close of this evening, I’d like to express our appreciation to everyone who made this event a success. To all winners, speakers, panelists, jury members, presenters, and the audience—your presence truly elevated the evening. Thank you for being part of this celebration of excellence and leadership. We hope you leave with new insights and meaningful connections.”

Abhishek Karnani, President of The Free Press Journal, warmly welcomed the audience, reiterating FPJ’s enduring commitment to promoting transparency, accountability, and innovation within India Inc. Swati Agarwal, CEO & President of CareEdge Advisory Division, extended gratitude to the jury for their diligence in reviewing countless reports to identify the best in corporate reporting.

Mr. Abhishek Karnani, President, Free Press Journal.

Mr. Abhishek Karnani, President, Free Press Journal. |

The evening opened with a soulful glass harp performance by Gaurav Kotian, setting a serene and sophisticated tone that beautifully blended art with enterprise.

Gaurav Kotian, Glass Harpist

Gaurav Kotian, Glass Harpist |

A highlight of the event was a compelling panel discussion on ‘The Role of Boards in Strengthening Corporate Governance’—a subject central to responsible business leadership.

Panel Discussion on The Role of Boards in Strengthening Corporate Governance.
(L-R)Abizer Diwanji, Founder, NeoStrat LLP, Utpal Sheth, CEO, RaRe Enterprise, M Damodaran, Former SEBI Chairman - Jury Chair, Ananth Narayan, Whole Time Member, SEBI, Aseem Dhru, CEO & MD, SBFC Ltd.

Panel Discussion on The Role of Boards in Strengthening Corporate Governance. (L-R)Abizer Diwanji, Founder, NeoStrat LLP, Utpal Sheth, CEO, RaRe Enterprise, M Damodaran, Former SEBI Chairman - Jury Chair, Ananth Narayan, Whole Time Member, SEBI, Aseem Dhru, CEO & MD, SBFC Ltd. | Photo - FPJ

Nine outstanding companies were honoured for excellence across various industry categories:

Auto Ancillary – Bosch

(L-R) Luis Miranda, Founder, ISPP, Swati Agarwal, CEO- Advisory Division, CareEdge,  M Damodaran, Former SEBI Chairman - Jury Chair, Guruprasad Mudlapur, President, Bosch, Padmini Khare, Independent Director, Bosch  &Nilesh Gupta, Director, Vijay Sales

(L-R) Luis Miranda, Founder, ISPP, Swati Agarwal, CEO- Advisory Division, CareEdge, M Damodaran, Former SEBI Chairman - Jury Chair, Guruprasad Mudlapur, President, Bosch, Padmini Khare, Independent Director, Bosch &Nilesh Gupta, Director, Vijay Sales | Photo-FPJ

Diamond & Jewellery – Titan

(L-R) Luis Miranda, Founder, ISPP, Swati Agarwal, CEO- Advisory Division, CareEdge,  M Damodaran, Former SEBI Chairman - Jury Chair, Dinesh Shetty, CFO, Titan &  Bindu Raghavan, Head - Corporate Secretarial, Titan & Nilesh Gupta, Director, Vijay Sales

(L-R) Luis Miranda, Founder, ISPP, Swati Agarwal, CEO- Advisory Division, CareEdge, M Damodaran, Former SEBI Chairman - Jury Chair, Dinesh Shetty, CFO, Titan & Bindu Raghavan, Head - Corporate Secretarial, Titan & Nilesh Gupta, Director, Vijay Sales | Photo-FPJ

FMEG – Crompton

(L-R) Sheetal Murarka, Head of Institutional Business, Choice International Ltd, M Damodaran, Former SEBI Chairman - Jury Chair, Jagdeesh Capoor, Former Dy. Governor, RBI,  Promeet Ghosh, CEO,  Crompton Greaves Consumer Electricals Limited, Sanjeeb Chaudhari, Independent Director,  IDFC First Bank, & Kaleeswaran Arunachalam, Group CFO,  Crompton Greaves Consumer Electricals Limited

(L-R) Sheetal Murarka, Head of Institutional Business, Choice International Ltd, M Damodaran, Former SEBI Chairman - Jury Chair, Jagdeesh Capoor, Former Dy. Governor, RBI, Promeet Ghosh, CEO, Crompton Greaves Consumer Electricals Limited, Sanjeeb Chaudhari, Independent Director, IDFC First Bank, & Kaleeswaran Arunachalam, Group CFO, Crompton Greaves Consumer Electricals Limited | Photo-FPJ

Finance (Asset Management) – UTI

(L-R) Sheetal Murarka, Head of Institutional Business, Choice International Ltd, M Damodaran, Former SEBI Chairman - Jury Chair, Jagdeesh Capoor, Former Dy. Governor, RBI,  Vinay Lakhotia, CFO, UTI AMC Ltd., Sanjeeb Chaudhuri, Independent Director,  IDFC First Bank, & Mr. Sandeep Samsi, Executive Vice President, Head - Marketing, UTI AMC Ltd.

(L-R) Sheetal Murarka, Head of Institutional Business, Choice International Ltd, M Damodaran, Former SEBI Chairman - Jury Chair, Jagdeesh Capoor, Former Dy. Governor, RBI, Vinay Lakhotia, CFO, UTI AMC Ltd., Sanjeeb Chaudhuri, Independent Director, IDFC First Bank, & Mr. Sandeep Samsi, Executive Vice President, Head - Marketing, UTI AMC Ltd. | Photo-FPJ

Finance (Housing) – Aavas

Sachin Bhartiya, Partner,  Light House LLP, Shailesh Haribhakti, Chairman of the Board, Shailesh Haribhakti and Associates, Feroze Balsara, Senior VP - Chief of Staff & Head of Marketing, AAVAS Financers Ltd., Ramesh Narayan, Founder, Canco Advertising & Mr. Sharad Pathak, Chief Compliance Officer, Aavas Financiers Ltd

Sachin Bhartiya, Partner, Light House LLP, Shailesh Haribhakti, Chairman of the Board, Shailesh Haribhakti and Associates, Feroze Balsara, Senior VP - Chief of Staff & Head of Marketing, AAVAS Financers Ltd., Ramesh Narayan, Founder, Canco Advertising & Mr. Sharad Pathak, Chief Compliance Officer, Aavas Financiers Ltd | Photo-FPJ

Hotels & Resorts – IHCL

Sachin Bhartiya, Partner,  Light House LLP, Beejal Desai, Executive Vice President, IHCL Shailesh Haribhakti, Chairman of the Board, Shailesh Haribhakti and Associates, Neha Khanna, IHCL, Ankur Dalwani, CFO, IHCL, Ramesh Narayan, Founder, Canco Advertising

Sachin Bhartiya, Partner, Light House LLP, Beejal Desai, Executive Vice President, IHCL Shailesh Haribhakti, Chairman of the Board, Shailesh Haribhakti and Associates, Neha Khanna, IHCL, Ankur Dalwani, CFO, IHCL, Ramesh Narayan, Founder, Canco Advertising | Photo-FPJ

Platform Retailing – Nykaa

Gopal Jain, Managing Partner, Gaja Capital, Shailesh Haribhakti, Chairman of the Board, Shailesh Haribhakti, Gopal Agiwal, Senior Vice President, Nykaa & Sujeet Jain, Chief Legal & Regulatory & Officer at Nykaa

Gopal Jain, Managing Partner, Gaja Capital, Shailesh Haribhakti, Chairman of the Board, Shailesh Haribhakti, Gopal Agiwal, Senior Vice President, Nykaa & Sujeet Jain, Chief Legal & Regulatory & Officer at Nykaa | Photo-FPJ

Textile – Welspun

Gopal Jain, Managing Partner, Gaja Capital, Shailesh Haribhakti, Chairman of the Board, Shailesh Haribhakti, Sanjay Gupta, Group CFO, Welspun Living and Khyati Shah, CMO, Welspun Living

Gopal Jain, Managing Partner, Gaja Capital, Shailesh Haribhakti, Chairman of the Board, Shailesh Haribhakti, Sanjay Gupta, Group CFO, Welspun Living and Khyati Shah, CMO, Welspun Living | Photo FPJ

Travel Services – Thomas Cook

Gopal Jain, Managing Partner, Gaja Capital, Shailesh Haribhakti, Chairman of the Board, Shailesh Haribhakti, Debasis Nandy, President and Group CFO at Thomas Cook India Limited & Abraham Alapatt, President- Group Head, Marketing, Thomas Cook India Limited

Gopal Jain, Managing Partner, Gaja Capital, Shailesh Haribhakti, Chairman of the Board, Shailesh Haribhakti, Debasis Nandy, President and Group CFO at Thomas Cook India Limited & Abraham Alapatt, President- Group Head, Marketing, Thomas Cook India Limited | Photo-FPJ

Special Mention – Arundhati Bhattacharya

The event was not only a celebration of financial communication but also a powerful respect to leadership, integrity, and innovation—values that continue to set new standards for the future of corporate India.

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