ICWAI Award For LMW
Prem Chand Gupta, Union Minister for Corporate Affairs, (second right) presenting the ICWAI National Award for Excellence in Cost Management - 2007 to R. Krishnaswamy, Senior Manager (second left) and C.B. Chandrasekar, General Manager, Finance, (third left) of LMW in New Delhi recently.Lakshmi Machine Works has received the ICWAI National Award for Excellence in Cost Management – 2007 under the private sector – manufacturing (organisation) of more than Rs. 1,000 crore turnover category. A release from the company said that the Union Minister for Corporate Affairs, Prem Chand Gupta, presented the awards on May 1 in New Delhi. The award was given away for companies practising Best Costing Practices in the country. Last year, the company won the second prize under the same category.
