Apollo Tyres Ltd. recently won an award in the large-cap category at CNBC-TV18 India Risk Management Awards. It is for the strategic risk management practices par excellence. CNBC-TV18 India Risk Management Awards, in association with ICICI Lombard, are now in their tenth year and have sought to recognize and reward best risk management practices.
These awards aim to spotlight companies that demonstrate alertness, implement effective controls, and take swift action to mitigate risks during crises.
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Other than the win in the large cap category, Apollo Tyres had also been recognized as "Masters of Risk" in the Auto-ancillary Sector. This dual recognition underlines the company's commitment toward strong risk management efforts in every operation.
Neeraj Kanwar, Vice Chairman & Managing Director of Apollo Tyres Ltd, expressed his pride in the company's achievements:
"I am proud to announce that recently Apollo Tyres Ltd won an award in the large-cap category at the CNBC-TV18 India Risk Management Awards! The award stands testimony to our exemplary work in risk management. I would like to extend my congratulations and big thank you to our team who is putting in their efforts in risk management and consistently setting new benchmarks for the industry at Apollo Tyres."
Celebrating a Decade of Excellence in Risk Management The awards, now in their 10th year, provide a platform to showcase best practices in managing risks at a business level across different industry lines and sectors in India.