Lucknow, May 14 Hurun India, in association with JM Financial, has introduced the ‘Founders Awards’ for the first time in 2026, honouring some of India’s leading unlisted companies. The award was presented under the title “Leading Unlisted Companies Contributing to the Making of a Developed India.”

As with other recognitions by Hurun, the selection process for this award was entirely transparent and strictly merit-based. A select group of companies from across the country was included, among which Shalimar from Uttar Pradesh secured its place as one of only two companies from the state.

This achievement clearly reflects the growing industrial development and entrepreneurial strength of the state. It also signals that companies from Uttar Pradesh are now establishing a strong presence at the national level.

On this occasion, Mr. Khalid Masood, Managing Director of Shalimar Corp, stated that receiving recognition from a prestigious platform like Hurun is a matter of immense pride. He added that the honour is a result of the team’s dedication and continuous pursuit of excellence, and reaffirmed the company’s commitment to contributing to the vision of a developed India.

The first edition of the JM Financial Hurun India Founders Awards 2026 is being seen as a significant step toward highlighting the important role of unlisted companies and giving new direction to the country’s business ecosystem.