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ECONOMIC TIMES FAMILY BUSINESS AWARDS

Application Form

The Family business awards is a platform created for recognising the diversity of family firms

across the country. The inaugural edition of these prestigious awards will honour and

celebrate multi-generational, family-owned businesses in our region for overall excellence,

thought leadership, innovation, global vision and philanthropy.

Entries are open till 15th November, 2018. Incomplete or late submissions will

automatically be disqualified.

E-mail your complete filled nomination form at etfamilybusiness@timesgroup.com

You can also visit the website https://economictimes.indiatimes.com/familybusinessforum

for the Family Business Awards

Great stories are meant to be shared.. we invite you to share yours

Family Business

A family-owned business may be defined as any business (a corporation, partnership, proprietorship or any form of commercial organization):· in which two or more family members (related by blood or marriage) are involved (could

be single family member in greater than first generation businesses)· the majority of ownership (or where the family is the single largest shareholder) or

control (through management or representation on the Board) lies within a family· decision making is influenced by multiple generations of a family and/or where there is

an intention of the founder to pass the business ownership to their descendants

Awards Categories Eligibility criteria

Family Business of the Year Any business that meets all criteria may

Excellence in Family Businessparticipate.To be eligible for the Award, the applicant must:Governance Be a family owned business/ group operating

Effective Succession Planning in India for > 5 years;

Global Visionary FY 2018 consolidated reported turnover of

Woman Business Leader business is more than 250 cr.;

Gender Diversity and Inclusion Applicants applying should be Indian entities

Most Promising Scion / Indian citizens with a registered presence in

Philanthropist of the Year India; Organisation reported net profit in the last 2

years (F.Y. 2017-18 and 2016-17)

Companies managed by Family/ non family

member (professional)

Awards Categories

Awards Categories Details

Family Business of the Year The Award recognises an established family business

managed by single/multiple generations and extended1. Emerging Companies –

families that have grown across industry verticals and/orConsolidated Revenue of INR250 cr. -1,500 cr.

Awards Categories Details

2. Mid-Sized Companies - diversified businesses demonstrating sustained successConsolidated Revenue of INR across a broad range of measures.1,500 cr. - 10,000 cr.

The Award is for a family business that approach growth3. Large Companies – both from a strategic and a holistic perspective to createConsolidated Revenue more

positive impact beyond their bottom line and contribute tothan10,000 cr.

nation building.

The Award recognises a family business that has drawn

up a framework of governance which ensures

accountability, fairness, and transparency in its

4. Excellence in Familyrelationship with all its stakeholders and facilitates

productive and efficient work practices.Business Governance

Business well-defined constitution, ownership policies,

rules and processes have been long lasting and proven to

handle difficult corporate challenges.

The Award recognises a family business that has built a

well-defined succession planning framework and

5. Effective Successiondemonstrated its successful implementation.

Planning It has a proven track record and pipeline of current

generation and next generation leaders to sustain and

grow the business.

The Award recognises a family business for expanding its

business in multiple overseas geographies and displayed

an outstanding growth trajectory from local business to

6. Global Visionary global operations.

The award felicitates a business having more than 50 per

cent of their group turnover contributed from overseas

operations.

The Award recognizes a woman leader (from a family

7. Woman Business Leaderbusiness) who has shown outstanding leadership

qualities from different generations in developing and

growing the family business.

Awards Categories Details

The Award jointly felicitates the woman leader and family

business demonstrating inclusion and team building for

encouraging woman in the family leading to significant

contribution to the growth of the business.

The Award recognizes a family business that has created

gender-equal workplaces and has equal involvement of

woman at leadership positions.

8. Gender Diversity and The Award felicitates the family business who hasInclusioncommitted to gender diversity, demonstrating inclusion

and team building that embraces woman, encourages

them and grooms them to become future leaders.

The Award recognizes the most promising scion*(inherited the entrepreneurial genes from his family) who

has demonstrated outstanding entrepreneurial qualities in

developing and growing the business with new ideas,

innovative practices and revamped the work culture/9. Most Promising Scion company strategy.

This award is for the recognition of the next generation of

tycoons who have shown excellent growth in their

business and emerged as a leader in the current

generations. (*Age limit – 40 years )

The Award recognizes a passionate owner/ ownermanager who has pioneered the concept of building

10. Philanthropist of the Year wealth for the public good and creation of socialinfrastructure. He/she has also inculcated the culture of

sustainable practices in the family business.

Please select the award category applying for (Yes/No):

O Family Business of the Year (Yes/ No)

O Excellence in Family Business Governance (Yes/No)

O Effective Succession Planning (Yes/No)

O Global Visionary (Yes/No)

O Woman Business Leader (Yes/No)

O Gender Diversity and Inclusion (Yes/No)

O Most Promising Scion (Yes/No)

O Philanthropist of the Year (Yes/No)

Section A - General Information

Company/Group Name

Number of years in Business

Name of Founder

Generations involved in thebusiness One More than1

Number of family shareholders –Need to discuss One More than 1

Registered address

State

City

Website

Name of the Contact Person

Designation of the Contact Person

Email address

Mobile Number

Alternate Number

Describe your Business(Max 1000 word)

Are you applying as Group or assingle entity? Kindly specify Group of Companies Single Entity

Type of entity

Company

Partnership

Sole proprietorship

Joint venture

Limited Liability Partnership

Others (in case of other please specify)

Executive Head of the BusinessName:Designation:Entity:Email ID:

Executive Head Family Member

Non-Family Member

Family Structure

Number of Family memberscurrently employed by thecompany(including Board of Directors) One

More than 1

Provide details of Family Memberswith their roles (Male/Female)employed by the company(including Board of Directors)

Manpower strength (Employees)

Upto 1000 employees 1,001 to 5,000 5,001 to 10,000 10,000 and above

Family Council (if any)

Section B- Financial Information(Amount in Lakhs (INR)

1 April 18 -Particulars September 2017-2018 2016-2017 2015-2016 2014-2015 2013-2014

2018*

Consolidated Revenue/Sales

Compound Annual Growth Rate(CAGR % last 5 years)

Consolidated Earnings before interest,tax, depreciation and amortisation(EBITDA)

Compound Annual Growth Rate -EBITDA(CAGR % last 5 years)

Consolidated Net Profit

Compound Annual Growth Rate –Netprofit(CAGR % last 5 years)

Revenue from domestic operations inpercentage to consolidated turnover

Number of countries of operations

Please share the financial numbers for the period from 01 April 2017 to 30 September 2018 Please share Audited Annual Report for the last the years 2017-18, 2016-17, 2015-16Please note that this is a mandatory document and to be submitted by all applicants. Information submitted as part of the Award will be kept confidential and will only be used for jury’s assessment;

Section C- Share your detailed responses* on the below:

*Highlights should be more focussed for FY 2017 -18 along with past years information

1. Provide details of your family business structure.

____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

2. Provide details on family business history along with journey of the Founder

and Successors (family/professional).

____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

3. Highlight major achievements and growth witnessed by the business in the FY

2017-18. Also provide details on achievements of the family members involved and

growth witnessed in the past 5 years.

______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

______________________________

4. Initiatives taken by Company leadership towards strategy and growth in the past

5 years.

____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

5. Journey on global expansion focussing on ‘go-to -market’ strategy for

organization products / services.

____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

6. Succession planning framework of your organisation (focussing on business

continuity envisioning promoter’s retirement and inducting family/professional

successor). Any succession change over generations which is witnessed by the

business can also be highlighted.

____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

7. Innovation adopted towards people, process and products in the organization.

____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

8. Corporate Governance Framework of your organisation.

____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

9. Please provide details on Family Governance Structure.

____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

10.Highlight your contribution to community development and engagement.

________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

______________________________________________________________________ ______________________________

Please share additional supporting document for your response to above questions

Rules and Regulations

1. Application forms must be filled in English only;

2. The Application Form needs to be complete in all respects;

3. Employees and immediate family members of the award management organizations, sponsors and partners of the awards are not allowed to participate in the Awards;

4. Applicants can provide supporting material if they wish to assist the jury in evaluating their application;

5. All information submitted as part of the Award will be kept confidential and will only be used for jury’s assessment;

6. If two entities from the same group apply in the same category, then the jury will decide the category fitment and winner;

7. The Jury has right to reclassify Application Forms from one award category to another, from fitment and category definition perspective;

8. Each submission will be pre-screened using the same eligibility and selection criteria that will be used in the final judging. All applications will be evaluated by eminent Jury members to determine the finalists;

9. Winners of previous year “ET Family Business of the year” will not be considered/ are not eligible for the current year award process;

10. Disqualification of entries is at the sole discretion of jury, on a case by case basis. The said disqualification will be as per the rules and regulations defined for the Awards;

11. The finalists will be notified prior to the event. They will be required to maintain confidentiality of the results until the official announcement of the winner at a gala event to be held on 18th in the month of January 2019;

12. Efforts will be made to adhere to the defined timelines. However, the defined timelines are subject to change based on circumstances;

13. The declaration must be signed by an authorized signatory from the organization – Chairman/ MD/ CEO (any one of them only);

14. If Applicants are unclear as to the Rules & Regulations or any element of the Awards or have any queries/concerns pertaining to the Awards, they can write in with their questions, concerns or queries on etfamilybusiness@timesgroup.com.

Section D- Declaration FormThe declaration must be signed by the organisation’s Chairman/MD/CEO (any one of them only).

I hereby, declare that I have read through the Rules and regulations listed here and confirm that the details furnished in the application form and the supporting documents, are complete and correct to the best of my knowledge and belief. In case any of the said information is found to be false or untrue or misleading or misrepresenting, I am /We are aware that our application/candidature can be disqualified.

Name: _______________________________

Designation: __________________________________SIGNATUREAND STAMP

Date: ___________________________