Indian Hotels Company (IHCL), India’s largest hospitality company, has received the 38th Jamnalal Bajaj Award 2025–2026 for Fair Business Practices in the Service Enterprises-Large category. The recognition highlights the company’s consistent efforts in maintaining ethical standards and responsible business conduct.

Sharing his thoughts on the achievement, Mr. Puneet Chhatwal, Managing Director & CEO, IHCL, said, “At IHCL, governance and ethics are fundamental to how we conduct our business and create long-term value. Guided by our ESG+ framework of Paathya, we have institutionalised transparent, accountable and fair practices across the organization and the Jamnalal Bajaj Award is a recognition of this legacy.”

The award reflects IHCL’s long-standing commitment to strong governance practices, driven by its ESG+ framework, Paathya. Through this approach, the company has built a system that focuses on transparency, accountability, and fairness across all its operations and stakeholder interactions.

The Jamnalal Bajaj Awards are presented by the Council for Fair Business Practices (CFBP), an organisation established in 1966 by noted industry leaders such as Mr. J.R.D. Tata, Mr. Ramkrishna Bajaj, Mr. Ashok Birla, Mr. Arvind Mafatlal, Mr. S. P. Godrej, Mr. Harish Mahindra, Mr. Naval Tata and others. The council works towards building trust between businesses and consumers by promoting responsible and ethical practices.

Introduced in 1989, the awards are evaluated based on key parameters including customer satisfaction, employee motivation, environmental responsibility, and corporate social responsibility. IHCL’s recognition this year underlines its balanced focus on business growth along with ethical and sustainable practices.