In November 2025, Heritage Foods Limited(HFL), an Indian private-sector dairy enterprise, was conferred the Golden Peacock Award for Excellence in Corporate Governance (GPAECG) 2025 by the Institute of Directors (IOD), India, during the IOD London Global Convention on Corporate Governance & Sustainability held from November 4 to 7, 2025, in London, United Kingdom (UK).
- The award positions HFL among 11 national winners and distinguishes Heritage Foods Limited (HFL) as the sole Fast-Moving Consumer Goods (FMCG) firm to receive the honour this year.
- During the event, N. Bhuvaneswari, Vice Chairperson and Managing Director (MD), HFL, received the prestigious title “Distinguished Fellow of the Institute of Directors”, recognizing her leadership, ethical vision, and governance excellence.
Exam Hints:
- What? Heritage Foods Limited was awarded
- Who? Institute of Directors (IOD)
- Where? In London (UK)
- When? During the London Global Convention on Corporate Governance & Sustainability
- Distinction: HFL was among 11 national winners and the only FMCG company to receive the award.
- Award: Golden Peacock Award for Excellence in Corporate Governance 2025
- Distinguished Fellow of IOD: N. Bhuvaneswari, Vice Chairperson & MD of HFL
About Golden Peacock Awards:
Overview: In 1991, the Golden Peacock Awards were instituted by the IOD India, a professional body that promotes responsible business leadership, corporate governance, and sustainable development.
Categories: The Golden Peacock Awards were presented in different categories, including:
- Golden Peacock Global Award for Excellence in Corporate Governance (GPGAECG)
- Golden Peacock Global Award for Sustainability (GPGAS)
- Golden Peacock Global Award for Environmental Social Governance(GPGAESG)
- Golden Peacock Award for Excellence in Corporate Governance (GPAECG)
- Golden Peacock Award for Sustainability (GPAS)
- Golden Peacock Award for Risk Management (GPARM)
About Golden Peacock Global Award for Excellence in Corporate Governance (GPGAECG):
Award: In 2001, GPAECG was introduced to recognize companies that exhibit high standards of transparency, accountability, ethical conduct, and stakeholder engagement.
- It is regarded as one of the most prestigious corporate governance awards in India and worldwide, often described as a benchmark of excellence.
Other 2025 Recipients: It includes:
- Eicher Motors Limited, New Delhi (Delhi), Automobile
- Shriram Pistons & Rings Limited, New Delhi (Delhi), Automobile Ancillary
- Birla Corporation Limited, Kolkata (West Bengal, WB), Cement
- Crompton Greaves Consumer Electricals Limited, Mumbai (Maharashtra), Consumer Appliances.
- Heritage Foods Limited, Hyderabad (Telangana), FMCG
- Coforge Limited, Greater Noida (Uttar Pradesh, UP), Information Technology (IT)
- Blue Dart Express Limited, Mumbai (Maharashtra), Logistics
- Vedanta Limited, Mumbai, Mining and Metallurgy
- Hindustan Petroleum Corporation Limited (HPCL)-Mittal Energy Limited, Noida (UP)
- Biocon Biologics Limited, Bengaluru (Karnataka), Pharmaceutical
- SEIL Energy India Limited, Gurugram (Haryana), Power.
About Distinguished Fellow of IOD:
Lifetime Honour: The “Distinguished Fellow” award of the IOD is a lifetime distinction recognising exceptional leadership, societal
- The award was first conferred in 1994 upon Bharat Ratna Dr. A.P.J. Abdul Kalam.
Recognition: It honours leaders who champion business excellence, social responsibility, and governance integrity.
About Heritage Foods Limited(HFL):
Chief Executive Officer (CEO) – Srideep N Kesavan
Headquarters –Hyderabad (Telangana)
Established -1992
