25th July 2023, Kathmandu
Bottlers Nepal Limited (BNL), a leading company in the beverage manufacturing industry, has been honored with the prestigious Gold Award for the Best Presented Annual Report (BPA) 2022.
The award was granted under the Manufacturing Sector category by the esteemed Institute of Chartered Accountants of Nepal (ICAN).
The recognition highlights BNL’s commitment to transparency, detailed disclosure, and adherence to corporate governance principles in its annual accounts for the fiscal year 2078/79.
Bottlers Nepal Terai Limited Receives Merit Award
Adding to the company’s success, Bottlers Nepal Terai Limited (BNTL), a subsidiary of BNL, also secured recognition with a Merit Award from ICAN in the same Manufacturing Sector category for their outstanding annual report for the year 2022.
Emphasis on Corporate Governance and Compliance
Bottlers Nepal Limited and Bottlers Nepal Terai Limited pride themselves on their dedication to corporate governance and compliance.
They prioritize transparency in their interactions with stakeholders, including suppliers, customers, and shareholders.
The companies consider corporate governance and compliance as integral components of their internal processes, aligning with the global Coca-Cola system, which they diligently adhere to.
Finance Minister Presents the Award
The prestigious Gold Award was presented by the Honorable Finance Minister, Dr. Prakash Sharan Mahat, to Mr. Ashok Mandal, Finance Controller of Bottlers Nepal Limited.
The award ceremony, organized by ICAN, served as a platform to recognize and celebrate the efforts of companies that exemplify excellence in financial reporting.
Upon receiving the accolade, Mr. Ashok Mandal expressed his gratitude, saying, “Bottlers Nepal understands the importance of transparency with all our stakeholders including our suppliers, customers, and shareholders.
Corporate Governance and compliance are part of our DNA and the global Coca-Cola system, which we follow conscientiously. We are humbled to be recognized for our efforts.”
The Gold Award for Best Presented Annual Report 2022 reaffirms Bottlers Nepal Limited’s position as a leader in the manufacturing sector, setting a benchmark for comprehensive financial reporting and transparency in Nepal’s corporate landscape.