DLF Ltd, the largest real estate developer in India, has recently been honored with the ‘Golden Peacock Award’ for its outstanding dedication to corporate governance. This award, known as the Golden Peacock Global Award for Corporate Governance, was established in January 2001 by the World Council for Corporate Governance, aiming to encourage businesses to improve their standards of corporate governance for enhanced competitiveness and quality.
A spokesperson for DLF expressed their satisfaction, stating, “We are happy to receive the Golden Peacock Award for excellence in corporate governance as it validates DLF’s focus on following policies and processes which serve shareholders and stakeholders of the company in the best possible manner.” This recognition highlights DLF’s commitment to transparency and accountability within its corporate structure, reinforcing its reputation as a leader in the real estate sector.