Kolkata, 4th 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.

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.”