Sobha Developers Tops Indian Annual Reports at LACP Vision Awards

Bangalore : Realty major,Sobha Developers Ltd., has been honored by the League of American Communications Professionals (LACP), headquartered at Florida, USA, for the fourth consecutive year for its Annual Report FY 2012-13 titled Build, Grow, Sustain.Sobha received six awards this year a) Rank 20 among the Top 100 Annual Reports Worldwide, b) Rank8 among the Top 50 Annual Reports in the Asia-Pacific Region, c) Platinum Award for excellence within the Industry (Real Estate) worldwide, d) Top Indian Annual Report, e) Gold Award for the Most Improved Annual Report worldwide and f) Platinum Award for the Most Improved Annual Report in the Asia-Pacific Region.

LACP Vision Awards is the Worlds largest Annual Report competition and recognizes the outstanding Annual Reports globally. The 2012 Vision Awards received more than 6,000 entries from two-dozen countries making the competition exceptionally tough.To be ranked No. 20 among the Top 100 Annual Reports worldwide is a significant achievement. There are only 3 Indian Annual Reports featured in the Top 100 and Sobha's Annual Report has figured as the Top Indian Annual Report.

Overall, we find this work to be outstanding, earning a total score of 99 out of a maximum 100 points.The first impression presented by this annual report is exceptional while the cover of the publication is outstanding. The Letter to Shareholders presented to readers is exceptional while the report narrative is outstanding.

The work is supported by robust financials section that we believe is exceptional., says Ms.Christine Kennedy, Managing Director, LACP Mr. Ravi Menon, Chairman , Sobha Developers who personally spearheads the annual report each year was elated and said, Sobha's Annual Report for FY 2012-13 with the theme of Build, Grow, Sustain highlights how Sobha has built its foundation and grown, by focusing on embedding sustainable practices that add value to the business, community and environment. I am proud that our work is being recognized on an international platform.This international recognition not only speaks volumes about the communication and creative aspects but also the finest kind of financial reporting, which has been appreciated by the jury as well. Winning LACP is like winning the Oscar in the world of Financial Reporting. This is the fourth consecutive year of recognition for Sobha at LACP and we are immensely proud of this achievement.says Mr. J C Sharma,Vice-Chairman and Managing Director, Sobha Developers.

The Sobha Annual Report is replete with meticulous financial reporting, handy info graphics and in-depth information about the Company's financial performance, corporate responsibility, environmental friendly measures undertaken to name a few.