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Manorama Industries wins award for Highest Excellence in ESG compliances; Stock gains 2%

The company and its leadership has also been conferred four additional awards for Unique Excellency in business.

October 01, 2021 11:51 IST | India Infoline News Service
Stock Market Trader, Stock Trader, Trading
Manorama Industries Limited, a global pioneer in the manufacturing of specialty fats, has announced that the Company has been awarded for Highest Excellence in ESG (Environment, Social & Governance) compliances at the GLOBOIL INDIA 2021 awards ceremony & conference at Goa.

Additionally, the Company and its leadership has also been conferred four additional awards for Unique Excellency in business organized by Solvent Extractors’ Association of India in Goa.

Commenting on receiving the award, Vinita Saraf, Chairperson and Managing Director said, “We are extremely pleased to share that our Company has been conferred with an award for highest excellence in ESG (Environment, Social & Governance) compliances at the GLOBOIL India 2021 awards ceremony.

We, at Manorama has always strived to implement best business practices across our value chain from procurement of raw materials to producing highest quality of products with sustainability as our core focus. This award is a testament to our efforts for the same in creating positive impact – from inception to fulfilment – for our partners, stakeholders, and end customers.

Additionally, we are also pleased to share that, our Company and our leadership team has been awarded for ‘highest unique processors and highest unique excellence in exports of vegetable butters from India’ continuously for the 16th consecutive year in an event organized by Solvent extractors’ association of India. This is a proud moment for all of us at Manorama.”

At around 11:51 AM, Manorama Industries was trading higher by 2.22% at Rs1520 per piece on the BSE.

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