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17th Regional Conference of Practising Company Secretaries Focuses on SME IPOs’ Role in Shaping India’s Economic Landscape

Kolkata, 2nd December, 2023: The Institute of Company Secretaries of India (ICSI) organised the 17th Regional Conference of Practising Company Secretaries in Fairfield by Marriott, Kolkata. This year’s conference vision is ‘To be a global leader in promoting good corporate governance’ and mission is ‘To develop high caliber professionals facilitating good corporate governance’.

The topic for the Second Technical Session was “Building the Future – How SME IPOs are shaping India”. The panelists were: CS (Dr.) Mamta Binani, Past President ICSI & President of MSME Development Forum WB; CA Aman Singh Bhadoria, Manager, GYR Capital Advisors Pvt. Ltd.; CS Bharat Sahu, Dy Company Secretary, NALCO and was attended by: CS B. Narasimhan, ICSI Vice President.

The Institute of Company Secretaries of India

On this occasion, CS (Dr.) Mamta Binani, Past President ICSI & President of MSME Development Forum WB said, “While the world is witnessing wars, severe illness and few anti-incumbency issues, the resilience and charm of the Indian Economy is not escaping the attention of the industrialists, businessmen and especially has been a talking point for the small and medium enterprises. The MSME sector which contributes to around 40 percent of the GDP of the country and a very significant part of each state’s GDP is riding this high. The Country has had separate platforms for the MSME companies in order to encourage their listing and given their size, this measure lends more visibility and flexibility. Today, MSME raising funds through Initial Public Offers are finding it exciting to go public and leave an indelible mark for itself. It is creating wealth for its stakeholders and is etching its own history for generations to come. Good Governance and proper business management is the key to success and the adaptability factor proves to be the xfactor. This adds immensely to jobs and helps in negating the adversarial narrative for small business.”

About ICSI: The Institute of Company Secretaries of India (ICSI) is a premier professional body set up under an Act of Parliament, i.e., Company Secretaries Act, 1980, for the regulation and development of the profession of Company Secretaries in India. It functions under the jurisdiction of the Ministry of Corporate Affairs, Government of India. The Institute, being a pro-active body, focuses on best and top- quality education to students of Company Secretaries Course and best quality set standards for CS members. The Institute has 72 Chapters spread across four zones with over 69,000 members and around 2 lac students on its roll.

Vikash Patel
Vikash Patel
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