VASCO
The Goa Shipyard Limited (GSL) has been conferred with two prestigious awards at the 19th National Awards for Excellence in Cost Management & 8th CMA Awards 2024, organised by The Institute of Cost Accountants of India (ICMAI), held at Vigyan Bhawan, New Delhi. The awards were presented by Lok Sabha MP and Chairperson, Committee on Finance Bhartruhari Mahtab. GSL was adjudged the Winner (1st award) for Excellence in Cost Management – 2024, under the category of Manufacturing – Public – Medium, reinforcing the company's financial prudence, cost optimisation, and value creation in the defence shipbuilding sector. GSL Director (Finance) Sunil S. Bagi was also honoured with the Best CMA CFO Award – 2024 for the category (Public Manufacturing- Medium) in recognition of his leadership in financial strategy, governance, and cost management practices at GSL.The GSL stated that the two prestigious recognitions underscore its enduring commitment to financial excellence, strategic cost leadership, and its consistent efforts to drive innovation and efficiency in support of the nation’s defence preparedness.
