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

Mumbai, 21st November 2022 (GNI): 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.

Said Jagannathan Chakravarthi, CFO, Sonata Software, “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.”Said Jagannathan Chakravarthi, CFO, Sonata Software, “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.” Stated in the press release.ends GNI SG