-Sonata Software takes the coveted Golden Peacock Award for Excellence in Corporate Governance 2022, for the second time in a row

BANGALORE, India, Nov. 22, 2022 /PRNewswire/ -- Sonata Software, a global IT services and technology solutions company, has announced that it has won the coveted "Golden Peacock Award for Excellence in Corporate Governance" for the second time in a row. " by the year 2022, in a national category within the IT sector.

Sonata Software received the award at the "Golden Peacock Awards Nite", held on November 10, 2022, during the "2022 London Global Convention on Corporate Governance

Established by India's Institute of Directors (IOD) in 1991, the Golden Peacock Awards are now considered a benchmark for business excellence around the world. No award has achieved such industry respectability and admiration as the "Golden Peacock Awards", which today receives more than 1,000 applications for various awards each year. This is largely due to its transparent, three-tier evaluation process, based on internationally recognized criteria.

"Corporate governance is the expression of the company's value systems in real terms. At Sonata, honesty, integrity and transparency are core values, and good corporate governance is the way in which those values ​​are translated into practices and everyday processes. We are delighted with the Golden Peacock award because, more than anything, it is recognition of our values, and our effectiveness in ensuring that those values ​​are at the core of everything we do," said Samir Dhir , CEO, Sonata Software.

"Sonata Software, as one of the world's leading IT services and technology solutions companies, helps businesses achieve digital transformation with a special approach based on design thinking in this highly competitive digital age. Established in 1994, as one of the fastest growing industries, it maintains a highly independent effective Board and drives good Corporate Governance while ensuring a culture of diversity, inclusion, transparency, fairness, accountability and also adopts various social development policies.In its latest survey of Shareholder Satisfaction, conducted in 2020, they were found to be 4 out of 5, which is remarkable. Congratulations," said Manoj K. Raut, CEO and Secretary General, Institute of Directors, India.

Jagannathan Chakravarthi, Chief Financial Officer, Sonata Software, said, "This award is a testament to our ongoing efforts to adhere to the highest standards of corporate governance and organizational practices. By applying best practices, ensuring a timely flow of information and effectiveness and greater transparency, we strive to create a strong environment of trust in the leadership and management of the company."

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Nandita VenkateshSonata Software LimitedCIN- L72200MH1994PLC082110A.P.S. Trust Building,Bull Temple Road, N.R. ColonyBangalore 560019, IndiaTel: 91-8067781999Nandita.v@sonata-software.com

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