PR98922

BANGALORE, India, Nov. 21, 2022 /PRNewswire=KYODO JBN/ -

    Sonata Software, a global IT

Services and Technology Solutions Company, announced that it has, second time in

a row, bagged the coveted 'Golden Peacock Award for Excellence in Corporate

Governance' for the year 2022, in a national category under IT Sector.    

    Sonata Software was presented the award at the 'Golden Peacock Awards Nite',

held on November 10, 2022, during the '2022 London Global Convention on

Corporate Governance & Sustainability' presented by the Institute of Directors,

India at London (UK). 'Building an Effective Board that Works & TOP GLOBAL

TRENDS' was the theme of the convention.

    Golden Peacock Awards, instituted by the Institute of Directors (IOD),

India in

1991, are now regarded as a benchmark of Corporate Excellence worldwide. No

award has achieved such respectability and admiration from the industry as the

'Golden Peacock Awards', which today receives over 1000 applications for various

Awards each year. This is largely due to its transparent and 3-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 how those values are translated into day-to-day

practices and processes. We are delighted with the Golden Peacock award,

because, more than anything, it is recognition of our values, and our

effectiveness in making sure that those values are at the heart of everything we

do," said Samir Dhir, CEO, Sonata Software.

    "Sonata Software, as one of the world's leading IT Services and Technology

Solutions company, supports businesses achieve digital transformation with a

special design thinking-led approach in this highly competitive digital era.

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, inclusiveness, transparency, equity,

accountability and also adopting various social development policies. In its

last shareholder satisfaction survey in 2020, it was found they obtained 4 out

of 5, which is remarkable. Congratulations," said Manoj K. Raut, Chief Executive

Officer & Secretary-General, Institute of Directors, India.

    Jagannathan Chakravarthi, CFO, Sonata Software, said, "This award is a

testimony

to our consistent efforts to adhere to the highest standards in corporate

governance and organizational practices. By implementing best practices,

ensuring timely and effective flow of information and greater transparency, we

strive to create a strong environment of trust and confidence in the Company's

leadership and management."

    About Sonata Software [https://www.sonata-software.com/about-us]

    For more information, press only:

    Nandita Venkatesh

    Sonata Software Limited

    CIN- L72200MH1994PLC082110

    A.P.S. Trust Building,

    Bull Temple Road, N.R. Colony

    Bangalore 560019, India

    Tel: +91-8067781999

    Nandita.v@sonata-software.com

    Logo: https://mma.prnewswire.com/media/689012/Sonata_Software_Logo.jpg

    SOURCE Sonata Software