1 week ago
ICSI Inaugurates Hyderabad Chapter Office After Rs 10 Crore Investment
The Institute of Company Secretaries of India opened a new office in Hyderabad.
The office has five floors and covers 10,200 square feet.
It cost Rs 10 crore to build.
Students and professionals can use it for classes, exams, meetings and training.
The Hyderabad Chapter has about 2,300 members and 3,000 students.
ICSI has around 80,600 members and 2.5 lakh students across India.
Its president said Company Secretaries help businesses follow rules and improve corporate governance.
He also said more businesses becoming formal and listed could create more opportunities for these professionals.
The Institute of Company Secretaries of India inaugurated a five-storey Hyderabad Chapter Office on August 23.
The new 10,200-square-foot facility represents an investment of Rs 10 crore.
The office will support education, training, examinations, meetings and capacity-building programmes.
The Hyderabad Chapter has approximately 2,300 members and 3,000 students.
ICSI President Pawan G Chandak said rising governance requirements and formalisation of MSMEs could increase demand for Company Secretaries.
- Who
- The Institute of Company Secretaries of India, led by President CS Pawan G Chandak.
- What
- ICSI inaugurated a new five-storey Chapter Office for its Hyderabad Chapter.
- Where
- Hyderabad, Telangana, India.
- When
- The building was inaugurated on August 23; the release was reported on Monday, with no year specified.
- Why
- To provide improved infrastructure for professional education, training, examinations, meetings, capacity-building and stakeholder engagement.
Key facts
- Investment
- Rs 10 crore
- Building size
- 10,200 square feet
- Building structure
- Five storeys
- ICSI membership
- Around 80,600 members and 2.5 lakh students across India
- Hyderabad Chapter
- Approximately 2,300 members and 3,000 students
- ICSI chapters
- 77 chapters across India
- Potential international expansion
- A European Union Centre is likely to be established in the Netherlands
Quotes
CS Pawan G Chandak
President of the Institute of Company Secretaries of India
“While there are around 1.3 lakh Corporate Governance Professionals globally, India alone has 80,600 Company Secretaries. This places India in a leading position in the world in terms of the number of professionals engaged in corporate governance.”
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