MARG GROUP BAGS A HATRICK OF AWARDS

~3 prestigious awards conferred on MARG at the ‘India Leadership Conclave 2011’, Mumbai:

  • “India’s Most Admired Infrastructure Company 2011”
  • “Excellence in Social Service”
  • “Innovative CEO of the year”

Mumbai, April 22, 2011 - MARG Limited, India’s leading diversified infrastructure development company left an indelible mark in the India Leadership Conclave 2011 today by bagging three prestigious awards under the categories India’s Most Admired Infrastructure Company 2011, Excellence in Social Service for its inclusive growth business models towards social & community development and GRK Reddy, Chairman & Managing Director, MARG Group as the Innovative CEO of the year.

Expressing happiness on receiving the awards, GRK Reddy, CMD, MARG Limited, said “We are extremely proud to receive not one but three prestigious awards. The awards have a special significance for MARG as we have pipped some of the top brands in India to win these awards. MARG symbolizes ‘Models for Accelerated Regional Growth’ and today we need ‘Corporate Collective Consciousness’ as a movement for developing regional growth models”. He also added “The awards reaffirm our faith in the pioneering spirit that inspires us to create inclusive and sustainable infrastructure projects that benefit the society as a whole”.

India Leadership Conclave 2011 was organized by Indian Affairs in association with Indo-American Chamber of Commerce (IACC) with the theme of “AAM ADMI (AN ORDINARY INDIAN) - BEYOND ROTI, KAPDA & MAKAN (BEYOND BASIC NECESSITIES)”. The conclave was attended by captains of the industry and other luminaries who made lively and thought provoking speeches ranging from Human values and world peace to agriculture related challenges to FDI and investment banking in India. GRK Reddy spoke on the "Opportunities for building Sustainable Regional Growth Models through PPP”.

Speaking on the occasion, Satya Brahma, Chairman - Organising Committee, India Leadership Conclave 2011, said “We congratulate MARG Group and its innovative leader GRK Reddy on receiving three prestigious awards. Personally I am inspired by his vision on sustainable and inclusive regional growth models as a driving force for New India.”

These awards are in a series of recent recognition to MARG viz.:

  • ‘India Shining Star CSR Award in the Infrastructure Sector’ instituted by the Wockhardt Foundation
  • ‘CIDC Vishwakarma Awards 2011’ for excellence in CSR
  • South East India Cargo Awards 2010

About MARG:

MARG Limited (BSE: 530543), incorporated in 1994 and headquartered in Chennai, is an infrastructure, real estate development and services company. The Company is listed on the Bombay Stock Exchange and its shares are traded on the NSE under the category of ‘Permitted Security’. MARG’s businesses are organized under 4 distinct business verticals – Marine Infrastructure & Services, Urban & Industrial Infrastructure, EPC and Real Estate. MARG is strategically developing Greenfield ports on the Eastern Coast of India. The Karaikal Port is currently operational with a capacity of 5.2 MMTPA (Million Metric Tonnes Per Annum) and phased expansion is underway to eventually scale up to 47 MMTPA. The Company has also been awarded a contract to develop a Minor Port cum Ship Repair Yard at Mugaiyur. MARG Swarnabhoomi, the Company's flagship project in Urban & Industrial Infrastructure, is being developed as an inclusive city based on the principles of New Urbanism, with unique offerings for Educat ion, Research & innovation. The Company's EPC division provides integrated turnkey solutions for Greenfield and Brownfield projects. MARG's Residential Real Estate business, under the umbrella brand MARG ProperTies, offers homes across multiple segments with focus on affordable housing. Malls, IT Parks and Office Spaces constitute the Company's Commercial Real Estate business. MARG is also expanding its sectoral presence with Airport projects in Bellary and Bijapur and a Multi-Level Car Park (MLCP) in Chennai. The Company, currently employing over 1100 people, is ISO 9001: 2008 certified for carrying out activities in planning and development of commercial, residential and turnkey projects. MARG Ltd. and/or its subsidiaries have offices in India, China and Singapore.

More information on MARG is available on http://www.marggroup.com

About MARG Parivarthan:

MARG PARIVATHAN - The CSR arm of MARG , is born out of a vision to master plan the existing social fabric. Inclusive growth has been the guiding philosophy of MARG through which at all our major project sites we ensure that the surrounding population is included in the development processes and the progress is two way and mutual. MARG as an organization have redefined the fundamentals of urbanization by creating eco systems where surrounding environment is an integral part of MARG’s forward march.

At MARG CSR initiatives are developed as a business model, well integrated within our business operation. Our commitment is for a complete SOCIAL TRANSFORMATION of the neighborhoods with sustained and diligent focus through a spectrum of development programmes under 9 different thematic areas viz. Education, Health, Skill Training & Employment, Community Infrastructures, Environment, Relief & Rehabilitation, Welfare programmes, Culture & Sports promotion and Social Cause promotion.

For further information contact:

Mr. Hiren Shah/ Ms. Priyanka Patil
Hanmer MSL
M: 09820384223/ 09545553310